https://www.taxtmi.com/caselaws?id=327590 The Tribunal found that the Assessing Officer did not have the right to reopen assessments without fresh material, as the brochure found during the search operation was not incriminating. The additions made based on on-money receipts were deleted as there was no corroborative evidence to support them. The Tribunal upheld the CIT(Appeals) decision, dismissing both the Revenue's appeals and the assessee's cross-objections. en-us Thu, 05 May 2016 00:00:00 +0530 Sat, 14 May 2016 00:52:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327590 The Tribunal found that the Assessing Officer did not have the right to reopen assessments without fresh material, as the brochure found during the search operation was not incriminating. The additions made based on on-money receipts were deleted as there was no corroborative evidence to support them. The Tribunal upheld the CIT(Appeals) decision, dismissing both the Revenue's appeals and the assessee's cross-objections. Case-Laws Income Tax Thu, 05 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327590