https://www.taxtmi.com/caselaws?id=359852 The Tribunal allowed the appeals filed by the assessee for assessment years 2005-06 and 2006-07, directing the deletion of additions made by the Assessing Officer. The Tribunal emphasized the lack of substantial evidence and the necessity for corroborative material to justify such additions. It ruled in favor of the assessee, highlighting principles of natural justice and precedent that uncorroborated documents are insufficient grounds for tax assessments. en-us Fri, 16 Mar 2018 00:00:00 +0530 Sat, 05 May 2018 08:42:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359852 The Tribunal allowed the appeals filed by the assessee for assessment years 2005-06 and 2006-07, directing the deletion of additions made by the Assessing Officer. The Tribunal emphasized the lack of substantial evidence and the necessity for corroborative material to justify such additions. It ruled in favor of the assessee, highlighting principles of natural justice and precedent that uncorroborated documents are insufficient grounds for tax assessments. Case-Laws Income Tax Fri, 16 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359852