https://www.taxtmi.com/caselaws?id=329971 The Tribunal ruled in favor of the appellant, deleting the disputed addition of Rs. 37,00,000 under section 69 of the Income Tax Act for the assessment year 2009-10. The decision was based on the appellant's successful challenge against the burden of proof, emphasizing the lack of concrete evidence linking them to the alleged undisclosed cash payment for property acquisition. The Tribunal highlighted the importance of corroborative evidence and found the addition unsupported and unsustainable in law, ultimately leading to its deletion in favor of the appellant. en-us Fri, 08 Jul 2016 00:00:00 +0530 Thu, 14 Jul 2016 11:41:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329971 The Tribunal ruled in favor of the appellant, deleting the disputed addition of Rs. 37,00,000 under section 69 of the Income Tax Act for the assessment year 2009-10. The decision was based on the appellant's successful challenge against the burden of proof, emphasizing the lack of concrete evidence linking them to the alleged undisclosed cash payment for property acquisition. The Tribunal highlighted the importance of corroborative evidence and found the addition unsupported and unsustainable in law, ultimately leading to its deletion in favor of the appellant. Case-Laws Income Tax Fri, 08 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329971