https://www.taxtmi.com/caselaws?id=284158 The Tribunal ruled in favor of the appellant, an Officer in the Archaeological Department, in a case involving the addition of cash found during a CBI search at his residence. Despite discrepancies in statements, it was established that the cash belonged to his brother-in-law, not the appellant. The Tribunal deleted the Rs. 12,91,000 addition based on evidence provided and acceptance of the amount in his brother-in-law's returns. The appeal was allowed in part, emphasizing the importance of establishing ownership and sources of funds in assessment proceedings. en-us Fri, 20 Apr 2012 00:00:00 +0530 Mon, 04 Nov 2019 14:28:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284158 The Tribunal ruled in favor of the appellant, an Officer in the Archaeological Department, in a case involving the addition of cash found during a CBI search at his residence. Despite discrepancies in statements, it was established that the cash belonged to his brother-in-law, not the appellant. The Tribunal deleted the Rs. 12,91,000 addition based on evidence provided and acceptance of the amount in his brother-in-law's returns. The appeal was allowed in part, emphasizing the importance of establishing ownership and sources of funds in assessment proceedings. Case-Laws Income Tax Fri, 20 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284158