https://www.taxtmi.com/caselaws?id=368466 The Tribunal upheld the CIT(A)'s decision to delete additions totaling Rs. 35,26,11,102 made by the Assessing Officer, as the seized documents did not incriminate the assessee. Additionally, the Tribunal rejected the Revenue's appeal regarding the deletion of Rs. 1,20,00,000 added as rent income, citing lack of substantive evidence. The Tribunal deemed the reopening of assessment under Section 147 unjustified, as it relied on documents unrelated to the assessee. The High Court supported the Tribunal's findings, leading to the dismissal of the Revenue's appeal and the allowance of the assessee's cross-objection on 05th October, 2018. en-us Fri, 05 Oct 2018 00:00:00 +0530 Tue, 09 Oct 2018 06:44:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368466 The Tribunal upheld the CIT(A)'s decision to delete additions totaling Rs. 35,26,11,102 made by the Assessing Officer, as the seized documents did not incriminate the assessee. Additionally, the Tribunal rejected the Revenue's appeal regarding the deletion of Rs. 1,20,00,000 added as rent income, citing lack of substantive evidence. The Tribunal deemed the reopening of assessment under Section 147 unjustified, as it relied on documents unrelated to the assessee. The High Court supported the Tribunal's findings, leading to the dismissal of the Revenue's appeal and the allowance of the assessee's cross-objection on 05th October, 2018. Case-Laws Income Tax Fri, 05 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368466