https://www.taxtmi.com/caselaws?id=188454 The Tribunal allowed the assessee's appeals, directing the Assessing Officer to delete the additions made towards alleged on-money payments for the assessment years 2007-08 and 2008-09. The Tribunal found that the Department failed to prove that the assessee received on-money, emphasizing the lack of corroborative evidence to support the claim. As a result, the additions based on loose sheets and third-party statements were deemed unjustified and were consequently deleted. en-us Fri, 12 Aug 2016 00:00:00 +0530 Thu, 01 Dec 2016 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188454 The Tribunal allowed the assessee's appeals, directing the Assessing Officer to delete the additions made towards alleged on-money payments for the assessment years 2007-08 and 2008-09. The Tribunal found that the Department failed to prove that the assessee received on-money, emphasizing the lack of corroborative evidence to support the claim. As a result, the additions based on loose sheets and third-party statements were deemed unjustified and were consequently deleted. Case-Laws Income Tax Fri, 12 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188454