https://www.taxtmi.com/caselaws?id=280659 The Revenue's appeal against the deletion of an addition made on a protective basis in the assessee's hands for an amount deposited in a joint bank account was dismissed. The Tribunal upheld the decision of the ld. Commissioner of Income Tax (Appeals) based on identical facts to a previous case, where the Assessing Officer found no grounds for addition after verifying accounts and documents. Since no contradictory evidence was presented by the Revenue, the deletion of the addition was deemed appropriate, leading to the dismissal of the appeal. en-us Wed, 10 Jun 2015 00:00:00 +0530 Thu, 16 May 2019 06:26:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280659 The Revenue's appeal against the deletion of an addition made on a protective basis in the assessee's hands for an amount deposited in a joint bank account was dismissed. The Tribunal upheld the decision of the ld. Commissioner of Income Tax (Appeals) based on identical facts to a previous case, where the Assessing Officer found no grounds for addition after verifying accounts and documents. Since no contradictory evidence was presented by the Revenue, the deletion of the addition was deemed appropriate, leading to the dismissal of the appeal. Case-Laws Income Tax Wed, 10 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280659