https://www.taxtmi.com/caselaws?id=373841 The Tribunal ruled in favor of the assessee, overturning the addition of cash seized during the election and the penalty imposed. The Tribunal emphasized the importance of maintaining proper books of accounts and providing substantial evidence to support transactions during assessments to avoid unjustified additions. en-us Thu, 17 Jan 2019 00:00:00 +0530 Mon, 21 Jan 2019 09:43:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373841 The Tribunal ruled in favor of the assessee, overturning the addition of cash seized during the election and the penalty imposed. The Tribunal emphasized the importance of maintaining proper books of accounts and providing substantial evidence to support transactions during assessments to avoid unjustified additions. Case-Laws Income Tax Thu, 17 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373841