https://www.taxtmi.com/caselaws?id=200458 The High Court upheld the ITAT's decision to delete the addition of Rs. 80,50,000 to the Assessee's income for the Assessment Year 2004-05. The Court found that the document seized did not conclusively link the Assessee to the estimates related to the construction project, and the Assessing Officer's lack of further investigation rendered the addition unjustified. The Court dismissed the Revenue's appeal, affirming that the ITAT's decision was legally sound and did not raise any significant legal questions. en-us Fri, 14 Jul 2017 00:00:00 +0530 Thu, 29 Mar 2018 11:09:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200458 The High Court upheld the ITAT's decision to delete the addition of Rs. 80,50,000 to the Assessee's income for the Assessment Year 2004-05. The Court found that the document seized did not conclusively link the Assessee to the estimates related to the construction project, and the Assessing Officer's lack of further investigation rendered the addition unjustified. The Court dismissed the Revenue's appeal, affirming that the ITAT's decision was legally sound and did not raise any significant legal questions. Case-Laws Income Tax Fri, 14 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200458