https://www.taxtmi.com/caselaws?id=340447 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decisions on all grounds. The CIT(A)'s admission of additional evidence was deemed valid, deletion of the addition on unexplained receipt from the sale of shares was upheld due to lack of evidence, and deletion of the addition on loans received was supported by proper documentation and banking channels. The Tribunal found no merit in the revenue's contentions, affirming the CIT(A)'s rulings in the case. en-us Thu, 16 Mar 2017 00:00:00 +0530 Wed, 22 Mar 2017 08:11:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340447 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decisions on all grounds. The CIT(A)'s admission of additional evidence was deemed valid, deletion of the addition on unexplained receipt from the sale of shares was upheld due to lack of evidence, and deletion of the addition on loans received was supported by proper documentation and banking channels. The Tribunal found no merit in the revenue's contentions, affirming the CIT(A)'s rulings in the case. Case-Laws Income Tax Thu, 16 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340447