https://www.taxtmi.com/caselaws?id=328456 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete additions for unexplained purchases of jewellery and for alleged payments from undisclosed sources. The Tribunal found that the purchases were made by a director personally and not by the company, and that no actual payment was made as claimed. Additionally, the Tribunal upheld the admission of additional evidence at the appellate stage, finding that the AO was given an opportunity to respond. en-us Tue, 10 May 2016 00:00:00 +0530 Sat, 04 Jun 2016 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328456 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete additions for unexplained purchases of jewellery and for alleged payments from undisclosed sources. The Tribunal found that the purchases were made by a director personally and not by the company, and that no actual payment was made as claimed. Additionally, the Tribunal upheld the admission of additional evidence at the appellate stage, finding that the AO was given an opportunity to respond. Case-Laws Income Tax Tue, 10 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328456