https://www.taxtmi.com/caselaws?id=188400 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 1 crore to the assessee's income. The Tribunal emphasized the lack of corroborative evidence and improper reliance on a retracted disclosure made under alleged coercion. It confirmed that additions cannot be solely based on uncorroborated statements obtained during search operations, supporting the principle established in various case laws referenced by the CIT(A). en-us Fri, 01 Aug 2014 00:00:00 +0530 Wed, 30 Nov 2016 10:14:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188400 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 1 crore to the assessee's income. The Tribunal emphasized the lack of corroborative evidence and improper reliance on a retracted disclosure made under alleged coercion. It confirmed that additions cannot be solely based on uncorroborated statements obtained during search operations, supporting the principle established in various case laws referenced by the CIT(A). Case-Laws Income Tax Fri, 01 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188400