https://www.taxtmi.com/caselaws?id=385610 The Tribunal dismissed the Revenue's appeal and upheld the CIT(A)'s order, deleting the additions made by the AO towards the balance in the HSBC Bank, Geneva, in the names of Ruby Enterprises Inc. and White Cedar Investments Ltd. under section 69A of the I.T. Act, 1961. The Tribunal emphasized the necessity of incriminating material found during the search to justify additions under section 153A. en-us Fri, 06 Sep 2019 00:00:00 +0530 Tue, 10 Sep 2019 06:02:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385610 The Tribunal dismissed the Revenue's appeal and upheld the CIT(A)'s order, deleting the additions made by the AO towards the balance in the HSBC Bank, Geneva, in the names of Ruby Enterprises Inc. and White Cedar Investments Ltd. under section 69A of the I.T. Act, 1961. The Tribunal emphasized the necessity of incriminating material found during the search to justify additions under section 153A. Case-Laws Income Tax Fri, 06 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385610