https://www.taxtmi.com/caselaws?id=177756 The ITAT allowed all appeals concerning the assessment years 1998-99 to 2000-01, involving two family members disputing additions for low household withdrawals. The AO had increased declared expenses based on observations during a search operation. However, the ITAT found the AO's estimations lacked specific evidence of excessive spending and were unjustified. The ITAT directed the deletion of all additions, emphasizing the necessity for concrete evidence to support such adjustments in household expense estimations. en-us Wed, 29 Apr 2009 00:00:00 +0530 Wed, 18 Oct 2023 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177756 The ITAT allowed all appeals concerning the assessment years 1998-99 to 2000-01, involving two family members disputing additions for low household withdrawals. The AO had increased declared expenses based on observations during a search operation. However, the ITAT found the AO's estimations lacked specific evidence of excessive spending and were unjustified. The ITAT directed the deletion of all additions, emphasizing the necessity for concrete evidence to support such adjustments in household expense estimations. Case-Laws Income Tax Wed, 29 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177756