https://www.taxtmi.com/caselaws?id=287245 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s deletion of the disallowance under Section 68 and the commission expenses. The Tribunal emphasized the importance of substantial evidence and proper inquiry, rejecting decisions based on mere suspicion or non-appearance of individuals. The judgment underscores the necessity for the AO to conduct thorough investigations and rely on concrete evidence before making additions under the Income Tax Act. en-us Mon, 03 Jun 2019 00:00:00 +0530 Mon, 06 Apr 2020 10:25:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287245 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s deletion of the disallowance under Section 68 and the commission expenses. The Tribunal emphasized the importance of substantial evidence and proper inquiry, rejecting decisions based on mere suspicion or non-appearance of individuals. The judgment underscores the necessity for the AO to conduct thorough investigations and rely on concrete evidence before making additions under the Income Tax Act. Case-Laws Income Tax Mon, 03 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287245