https://www.taxtmi.com/caselaws?id=179685 The Income Tax Appellate Tribunal affirmed the deletion of additions made by the Assessing Officer regarding unaccounted cash and interest in the disputed sale consideration for an industrial plot purchase. The CIT (Appeals) and Tribunal found insufficient evidence to support the additions, emphasizing the lack of incriminating documents and corroborative proof. The decisions to delete the additions were upheld based on factual assessments and legal precedents, with the court declining to intervene due to the absence of essential documents and supporting evidence. en-us Thu, 10 May 2012 00:00:00 +0530 Thu, 13 Jul 2017 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179685 The Income Tax Appellate Tribunal affirmed the deletion of additions made by the Assessing Officer regarding unaccounted cash and interest in the disputed sale consideration for an industrial plot purchase. The CIT (Appeals) and Tribunal found insufficient evidence to support the additions, emphasizing the lack of incriminating documents and corroborative proof. The decisions to delete the additions were upheld based on factual assessments and legal precedents, with the court declining to intervene due to the absence of essential documents and supporting evidence. Case-Laws Income Tax Thu, 10 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179685