https://www.taxtmi.com/caselaws?id=329251 The Court allowed the appeals, ruling in favor of the assessee and against the Department. It emphasized the importance of discharging the burden of proof and requiring concrete evidence to support any additions or claims made. The Court found that the Department failed to prove the unexplained income or payments, stating that additions cannot be based on probabilities alone. The decision highlighted the significance of reliable material and establishing links between parties in such cases. en-us Fri, 10 Jun 2016 00:00:00 +0530 Sun, 26 Jun 2016 13:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329251 The Court allowed the appeals, ruling in favor of the assessee and against the Department. It emphasized the importance of discharging the burden of proof and requiring concrete evidence to support any additions or claims made. The Court found that the Department failed to prove the unexplained income or payments, stating that additions cannot be based on probabilities alone. The decision highlighted the significance of reliable material and establishing links between parties in such cases. Case-Laws Income Tax Fri, 10 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329251