https://www.taxtmi.com/caselaws?id=368896 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 2,61,50,496/- made by the AO under section 69B of the Income Tax Act, finding no evidence to support the AO's conclusions regarding the relationship between the assessee and M/s. Aarti Infrastructure & Buildcon Ltd., the legitimacy of the agreement dated 01.04.2006, and the authenticity of the pen drive contents. The appeals filed by the Revenue were dismissed, affirming that the additions made by the AO were not justified. en-us Fri, 12 Oct 2018 00:00:00 +0530 Tue, 16 Oct 2018 09:50:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368896 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 2,61,50,496/- made by the AO under section 69B of the Income Tax Act, finding no evidence to support the AO's conclusions regarding the relationship between the assessee and M/s. Aarti Infrastructure & Buildcon Ltd., the legitimacy of the agreement dated 01.04.2006, and the authenticity of the pen drive contents. The appeals filed by the Revenue were dismissed, affirming that the additions made by the AO were not justified. Case-Laws Income Tax Fri, 12 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368896