https://www.taxtmi.com/caselaws?id=376985 The High Court upheld the ITAT's decision to delete the addition of Rs. 7 crore to the assessee's income for the assessment year 2006-2007. The Court emphasized the importance of substantial evidence to support income additions and highlighted the necessity of thorough examination of documents and explanations before making such adjustments. The Court found no legal infirmity in the ITAT's order and dismissed the appeal, affirming the deletion of the Rs. 7 crore addition. en-us Fri, 15 Mar 2019 00:00:00 +0530 Wed, 25 Mar 2026 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376985 The High Court upheld the ITAT's decision to delete the addition of Rs. 7 crore to the assessee's income for the assessment year 2006-2007. The Court emphasized the importance of substantial evidence to support income additions and highlighted the necessity of thorough examination of documents and explanations before making such adjustments. The Court found no legal infirmity in the ITAT's order and dismissed the appeal, affirming the deletion of the Rs. 7 crore addition. Case-Laws Income Tax Fri, 15 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376985