https://www.taxtmi.com/caselaws?id=178321 The Tribunal allowed the appeal by the assessee, deleting the addition to income returned based on the Annual Information Report (AIR). The decision emphasized the importance of concrete evidence to support income additions and highlighted the inadequacy of solely relying on the AIR for assessments. The judgment showcased the burden of proof on revenue authorities to substantiate claims of undisclosed income, leading to the deletion of the contested addition. en-us Fri, 05 Oct 2012 00:00:00 +0530 Fri, 22 Dec 2017 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178321 The Tribunal allowed the appeal by the assessee, deleting the addition to income returned based on the Annual Information Report (AIR). The decision emphasized the importance of concrete evidence to support income additions and highlighted the inadequacy of solely relying on the AIR for assessments. The judgment showcased the burden of proof on revenue authorities to substantiate claims of undisclosed income, leading to the deletion of the contested addition. Case-Laws Income Tax Fri, 05 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178321