https://www.taxtmi.com/caselaws?id=181023 The Tribunal allowed the assesses' appeals and dismissed those filed by the Revenue regarding estimation of additional brokerage income and discrepancies in interpreting seized documents for cash components in real estate transactions. The Tribunal emphasized the necessity of concrete evidence and independent inquiries, deleting additions based on presumptions. It concluded that there was no evidence of unaccounted brokerage income received by the assesses, leading to the deletion of impugned additions confirmed by the CIT(A) in some cases. en-us Fri, 25 Apr 2014 00:00:00 +0530 Wed, 06 Apr 2016 09:01:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181023 The Tribunal allowed the assesses' appeals and dismissed those filed by the Revenue regarding estimation of additional brokerage income and discrepancies in interpreting seized documents for cash components in real estate transactions. The Tribunal emphasized the necessity of concrete evidence and independent inquiries, deleting additions based on presumptions. It concluded that there was no evidence of unaccounted brokerage income received by the assesses, leading to the deletion of impugned additions confirmed by the CIT(A) in some cases. Case-Laws Income Tax Fri, 25 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181023