https://www.taxtmi.com/caselaws?id=183092 The Tribunal dismissed the revenue's appeal, upholding the deletion of the addition under section 69 of the Income Tax Act 1961. The decision was based on the lack of evidentiary value of the unsworn disclosure obtained during the survey operation, in accordance with legal precedents regarding statements recorded under section 133A. The Tribunal found the CIT(A)'s decision supported by audited accounts and lacking corroborative evidence to justify the addition, leading to the appeal's dismissal. en-us Wed, 06 May 2015 00:00:00 +0530 Sat, 28 May 2016 08:36:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183092 The Tribunal dismissed the revenue's appeal, upholding the deletion of the addition under section 69 of the Income Tax Act 1961. The decision was based on the lack of evidentiary value of the unsworn disclosure obtained during the survey operation, in accordance with legal precedents regarding statements recorded under section 133A. The Tribunal found the CIT(A)'s decision supported by audited accounts and lacking corroborative evidence to justify the addition, leading to the appeal's dismissal. Case-Laws Income Tax Wed, 06 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183092