https://www.taxtmi.com/caselaws?id=289327 The Tribunal dismissed all four appeals of the Revenue, affirming the CIT(A)'s findings. It concluded that the additions made by the AO, based on unreliable evidence from the Central Excise Department, could not be sustained. The Tribunal upheld the CIT(A)'s reliance on the de novo order and the deletion of additions under Section 40A(3). It emphasized the necessity of independent inquiries by the AO and the inadmissibility of relying solely on findings from another department without corroborative evidence. en-us Tue, 23 Aug 2011 00:00:00 +0530 Sat, 25 Jul 2020 10:25:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289327 The Tribunal dismissed all four appeals of the Revenue, affirming the CIT(A)'s findings. It concluded that the additions made by the AO, based on unreliable evidence from the Central Excise Department, could not be sustained. The Tribunal upheld the CIT(A)'s reliance on the de novo order and the deletion of additions under Section 40A(3). It emphasized the necessity of independent inquiries by the AO and the inadmissibility of relying solely on findings from another department without corroborative evidence. Case-Laws Income Tax Tue, 23 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289327