https://www.taxtmi.com/caselaws?id=401251 The Tribunal dismissed all Revenue appeals due to low tax effect and upheld the admission of additional evidences by CIT(A). Various additions made by the Assessing Officer were deleted, including unexplained cash receipts, investments, and payments. Additions on unexplained share capital and premium were also deleted. Assessments framed under Section 153A were upheld, and income enhancement by CIT(A) based on Section 132(4) statement was deleted. The Tribunal ruled in favor of the assessee, directing the deletion of all additions. en-us Fri, 27 Nov 2020 00:00:00 +0530 Tue, 01 Dec 2020 17:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401251 The Tribunal dismissed all Revenue appeals due to low tax effect and upheld the admission of additional evidences by CIT(A). Various additions made by the Assessing Officer were deleted, including unexplained cash receipts, investments, and payments. Additions on unexplained share capital and premium were also deleted. Assessments framed under Section 153A were upheld, and income enhancement by CIT(A) based on Section 132(4) statement was deleted. The Tribunal ruled in favor of the assessee, directing the deletion of all additions. Case-Laws Income Tax Fri, 27 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401251