https://www.taxtmi.com/caselaws?id=373039 The Tribunal dismissed all three appeals of the Revenue concerning the deletion of additions made by the Assessing Officer. The Tribunal found that the additions were not supported by sufficient evidence and were based on presumptions and surmises. In each case, the CIT(A) had correctly deleted the additions after considering the lack of concrete proof linking the amounts to unexplained income or transactions. The Tribunal upheld the CIT(A)'s decisions and dismissed the Revenue's appeals on 29.11.2018. en-us Thu, 29 Nov 2018 00:00:00 +0530 Sat, 05 Jan 2019 08:05:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373039 The Tribunal dismissed all three appeals of the Revenue concerning the deletion of additions made by the Assessing Officer. The Tribunal found that the additions were not supported by sufficient evidence and were based on presumptions and surmises. In each case, the CIT(A) had correctly deleted the additions after considering the lack of concrete proof linking the amounts to unexplained income or transactions. The Tribunal upheld the CIT(A)'s decisions and dismissed the Revenue's appeals on 29.11.2018. Case-Laws Income Tax Thu, 29 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373039