https://www.taxtmi.com/caselaws?id=274169 The High Court addressed common questions of law and facts in two appeals challenging the Tribunal's judgment regarding undisclosed bank deposits and commission income. The court upheld the Tribunal's decision to delete additions related to undisclosed bank deposits and commission income, emphasizing the importance of considering all transactions and circumstantial evidence. Additionally, the court supported the Tribunal's findings in favor of the assessee concerning transactions with a specific company and loose papers found during search operations, highlighting discrepancies in the assessing authority's conclusions. The court dismissed the appeals and suggested appropriate actions by the department against any wrongdoing parties mentioned in the order. en-us Tue, 01 Aug 2017 00:00:00 +0530 Tue, 31 Jul 2018 21:30:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274169 The High Court addressed common questions of law and facts in two appeals challenging the Tribunal's judgment regarding undisclosed bank deposits and commission income. The court upheld the Tribunal's decision to delete additions related to undisclosed bank deposits and commission income, emphasizing the importance of considering all transactions and circumstantial evidence. Additionally, the court supported the Tribunal's findings in favor of the assessee concerning transactions with a specific company and loose papers found during search operations, highlighting discrepancies in the assessing authority's conclusions. The court dismissed the appeals and suggested appropriate actions by the department against any wrongdoing parties mentioned in the order. Case-Laws Income Tax Tue, 01 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274169