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    <title>2011 (2) TMI 1491 - ITAT DELHI</title>
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    <description>The Tribunal dismissed the department&#039;s appeals challenging the deletion of additions under sections 69A and 68 of the Income Tax Act for unaccounted cash loans advanced through hundi. The CIT(A) had removed the additions due to lack of evidence and failure to provide necessary material for cross-examination. The Tribunal criticized the AO for not providing crucial statements to the assessee and found the department&#039;s contentions unsupported by substantial evidence. Consequently, the appeals were dismissed, and the assessee&#039;s cross objections were not pressed.</description>
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    <pubDate>Fri, 25 Feb 2011 00:00:00 +0530</pubDate>
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      <title>2011 (2) TMI 1491 - ITAT DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=186936</link>
      <description>The Tribunal dismissed the department&#039;s appeals challenging the deletion of additions under sections 69A and 68 of the Income Tax Act for unaccounted cash loans advanced through hundi. The CIT(A) had removed the additions due to lack of evidence and failure to provide necessary material for cross-examination. The Tribunal criticized the AO for not providing crucial statements to the assessee and found the department&#039;s contentions unsupported by substantial evidence. Consequently, the appeals were dismissed, and the assessee&#039;s cross objections were not pressed.</description>
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      <pubDate>Fri, 25 Feb 2011 00:00:00 +0530</pubDate>
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