https://www.taxtmi.com/caselaws?id=274375 The court dismissed the Revenue's appeal regarding the addition of unexplained investment in properties based on recovered diaries, as no evidence linked the figures to the assessee's cash transactions. Additionally, the deletion of an addition under section 2(22)(e) for assessment u/s. 153A was upheld, as no material discovered during the survey could be linked to the deemed dividend under section 2(22)(e). Consequently, the tax appeal was dismissed based on these findings. en-us Mon, 25 Sep 2017 00:00:00 +0530 Fri, 10 Aug 2018 13:59:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274375 The court dismissed the Revenue's appeal regarding the addition of unexplained investment in properties based on recovered diaries, as no evidence linked the figures to the assessee's cash transactions. Additionally, the deletion of an addition under section 2(22)(e) for assessment u/s. 153A was upheld, as no material discovered during the survey could be linked to the deemed dividend under section 2(22)(e). Consequently, the tax appeal was dismissed based on these findings. Case-Laws Income Tax Mon, 25 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274375