https://www.taxtmi.com/caselaws?id=284978 The Tribunal upheld the decision to delete the addition of share application money challenged by the Revenue. It was determined that in cases of unabated assessments without incriminating material found during a search, such additions should be deleted. The Tribunal relied on a precedent from the Bombay High Court to support this conclusion. Therefore, the appeal by the Revenue was dismissed, affirming the deletion of the share application money addition. en-us Thu, 07 Feb 2019 00:00:00 +0530 Thu, 04 Aug 2022 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284978 The Tribunal upheld the decision to delete the addition of share application money challenged by the Revenue. It was determined that in cases of unabated assessments without incriminating material found during a search, such additions should be deleted. The Tribunal relied on a precedent from the Bombay High Court to support this conclusion. Therefore, the appeal by the Revenue was dismissed, affirming the deletion of the share application money addition. Case-Laws Income Tax Thu, 07 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284978