https://www.taxtmi.com/caselaws?id=273859 The Court upheld the ITAT's decision to delete the addition of Rs. 49 lakhs to the Assessee's income for the Assessment Year 2003-04. It was found that the document in question lacked clear relevance to the Assessee, lacked essential details, and no forensic evidence was presented to prove its authenticity. The addition was deemed speculative, made solely on suspicion without corroborative material. The Court emphasized the lack of a direct link between the document and the Assessee's income or projects, dismissing the Revenue's appeal. en-us Fri, 14 Jul 2017 00:00:00 +0530 Wed, 18 Jul 2018 06:08:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273859 The Court upheld the ITAT's decision to delete the addition of Rs. 49 lakhs to the Assessee's income for the Assessment Year 2003-04. It was found that the document in question lacked clear relevance to the Assessee, lacked essential details, and no forensic evidence was presented to prove its authenticity. The addition was deemed speculative, made solely on suspicion without corroborative material. The Court emphasized the lack of a direct link between the document and the Assessee's income or projects, dismissing the Revenue's appeal. Case-Laws Income Tax Fri, 14 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273859