https://www.taxtmi.com/caselaws?id=354841 The Tribunal ruled in favor of the assessee, holding that the Assessing Officer failed to provide sufficient evidence to prove the benami nature of investments and did not discharge the burden of proof. The Tribunal also addressed concerns of double taxation by deleting additions where the same income or investment was already assessed in the hands of another family member. This comprehensive analysis and application of legal principles resulted in substantial relief for the assessee over multiple assessment years. en-us Wed, 31 Jan 2018 00:00:00 +0530 Fri, 15 Jun 2018 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354841 The Tribunal ruled in favor of the assessee, holding that the Assessing Officer failed to provide sufficient evidence to prove the benami nature of investments and did not discharge the burden of proof. The Tribunal also addressed concerns of double taxation by deleting additions where the same income or investment was already assessed in the hands of another family member. This comprehensive analysis and application of legal principles resulted in substantial relief for the assessee over multiple assessment years. Case-Laws Income Tax Wed, 31 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354841