https://www.taxtmi.com/caselaws?id=370245 The ITAT ruled in favor of the assessee, directing the AO to delete the addition of Rs. 1,01,00,000 based on seized documents as no incriminating material was found during the search. Consequently, the addition of interest income of Rs. 38,217 was also deleted, leading to the allowance of all three appeals by the assessee for AYs 2008-09, 2010-11, and 2011-12. en-us Mon, 01 Oct 2018 00:00:00 +0530 Wed, 14 Nov 2018 07:13:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370245 The ITAT ruled in favor of the assessee, directing the AO to delete the addition of Rs. 1,01,00,000 based on seized documents as no incriminating material was found during the search. Consequently, the addition of interest income of Rs. 38,217 was also deleted, leading to the allowance of all three appeals by the assessee for AYs 2008-09, 2010-11, and 2011-12. Case-Laws Income Tax Mon, 01 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370245