https://www.taxtmi.com/caselaws?id=178509 The Tribunal upheld the CIT(A)'s decisions in a case involving the deletion of Rs. 16,42,480 as unexplained cash credit and the allowance of a business loss of Rs. 1,26,820 related to M/s Arohi International. The Tribunal emphasized that additions under Section 153A must be based on material found during the search and found no evidence to support the Department's contentions. The Tribunal dismissed the Department's appeal, affirming the CIT(A)'s rulings on both issues. en-us Wed, 30 Mar 2011 00:00:00 +0530 Tue, 18 Apr 2023 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178509 The Tribunal upheld the CIT(A)'s decisions in a case involving the deletion of Rs. 16,42,480 as unexplained cash credit and the allowance of a business loss of Rs. 1,26,820 related to M/s Arohi International. The Tribunal emphasized that additions under Section 153A must be based on material found during the search and found no evidence to support the Department's contentions. The Tribunal dismissed the Department's appeal, affirming the CIT(A)'s rulings on both issues. Case-Laws Income Tax Wed, 30 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178509