https://www.taxtmi.com/caselaws?id=194993 The CIT(A) deleted the addition to the assessee's income related to cash payments for flat purchases as the seized document did not conclusively link the cash payments to the assessee. The ITAT upheld this decision, noting the lack of direct evidence. The Revenue's appeal was dismissed, finding no infirmity in the CIT(A) order. Additionally, the assessee's Counter Objection was allowed based on a legal precedent, resulting in the quashing of the reassessment order. The Revenue's appeal was dismissed, and the assessee's Counter Objection was upheld. en-us Tue, 25 Sep 2012 00:00:00 +0530 Tue, 10 Oct 2017 16:40:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194993 The CIT(A) deleted the addition to the assessee's income related to cash payments for flat purchases as the seized document did not conclusively link the cash payments to the assessee. The ITAT upheld this decision, noting the lack of direct evidence. The Revenue's appeal was dismissed, finding no infirmity in the CIT(A) order. Additionally, the assessee's Counter Objection was allowed based on a legal precedent, resulting in the quashing of the reassessment order. The Revenue's appeal was dismissed, and the assessee's Counter Objection was upheld. Case-Laws Income Tax Tue, 25 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194993