https://www.taxtmi.com/caselaws?id=343580 The High Court dismissed the Revenue's appeal against the deletion of an addition of undisclosed income by the ITAT for the Assessment Year 2006-07. The Court upheld the factual findings of the CIT (A) and ITAT, emphasizing the lack of corroborative evidence for the alleged cash payment of Rs. 7.33 crores based on a seized document. The Court concluded that no substantial question of law arose from the findings, leading to the rejection of the appeal due to insufficient evidence supporting the addition of undisclosed income. en-us Wed, 24 May 2017 00:00:00 +0530 Mon, 29 May 2017 08:10:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343580 The High Court dismissed the Revenue's appeal against the deletion of an addition of undisclosed income by the ITAT for the Assessment Year 2006-07. The Court upheld the factual findings of the CIT (A) and ITAT, emphasizing the lack of corroborative evidence for the alleged cash payment of Rs. 7.33 crores based on a seized document. The Court concluded that no substantial question of law arose from the findings, leading to the rejection of the appeal due to insufficient evidence supporting the addition of undisclosed income. Case-Laws Income Tax Wed, 24 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343580