https://www.taxtmi.com/caselaws?id=393325 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition of Rs. 7,62,92,143/- on account of unexplained sale consideration. The Tribunal found that the seized document lacked direct evidence linking it to the assessee and lacked corroborative evidence to support the alleged cash receipt. Previous judgments in similar cases were cited to emphasize the necessity of concrete evidence in such matters. en-us Fri, 28 Feb 2020 00:00:00 +0530 Thu, 12 Mar 2020 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393325 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition of Rs. 7,62,92,143/- on account of unexplained sale consideration. The Tribunal found that the seized document lacked direct evidence linking it to the assessee and lacked corroborative evidence to support the alleged cash receipt. Previous judgments in similar cases were cited to emphasize the necessity of concrete evidence in such matters. Case-Laws Income Tax Fri, 28 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393325