https://www.taxtmi.com/caselaws?id=183211 The ITAT allowed the appeal, directing the matter to be restored to the Assessing Officer for limited verification purposes regarding penalty under section 271(1)(c) of the Income Tax Act, 1961 for Assessment Year 2008-09. The ITAT emphasized that additions based solely on Form No. 26AS were not justified and placed the onus on the Assessing Officer to find independent evidence of the rent receipt. The burden of proof was deemed to be on the Assessing Officer, not the assessee, regarding the undisclosed rent receipt discrepancy. en-us Fri, 27 Jun 2014 00:00:00 +0530 Wed, 01 Jun 2016 17:24:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183211 The ITAT allowed the appeal, directing the matter to be restored to the Assessing Officer for limited verification purposes regarding penalty under section 271(1)(c) of the Income Tax Act, 1961 for Assessment Year 2008-09. The ITAT emphasized that additions based solely on Form No. 26AS were not justified and placed the onus on the Assessing Officer to find independent evidence of the rent receipt. The burden of proof was deemed to be on the Assessing Officer, not the assessee, regarding the undisclosed rent receipt discrepancy. Case-Laws Income Tax Fri, 27 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183211