https://www.taxtmi.com/caselaws?id=386207 The Tribunal upheld the CIT(A)'s decision to delete the addition under section 68, emphasizing that the AO's actions were based on suspicion without concrete evidence and violated principles of natural justice. The Tribunal also dismissed the cross objections filed by the assessees. Both the appeals by the Revenue and the cross objections by the assessees were ultimately dismissed. en-us Mon, 16 Sep 2019 00:00:00 +0530 Sat, 19 Oct 2019 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386207 The Tribunal upheld the CIT(A)'s decision to delete the addition under section 68, emphasizing that the AO's actions were based on suspicion without concrete evidence and violated principles of natural justice. The Tribunal also dismissed the cross objections filed by the assessees. Both the appeals by the Revenue and the cross objections by the assessees were ultimately dismissed. Case-Laws Income Tax Mon, 16 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386207