https://www.taxtmi.com/caselaws?id=405494 The Tribunal allowed the appeals, ruling that the additions made by the AO were unjustified as they lacked incriminating material found during the search. The Tribunal criticized the CIT(A) for disregarding additional evidence and upholding the additions without considering direct confirmations provided by the assessees. Consequently, the Tribunal ordered the removal of the additions totaling Rs. 2,00,00,000 in each case. en-us Thu, 18 Mar 2021 00:00:00 +0530 Mon, 22 Mar 2021 09:16:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405494 The Tribunal allowed the appeals, ruling that the additions made by the AO were unjustified as they lacked incriminating material found during the search. The Tribunal criticized the CIT(A) for disregarding additional evidence and upholding the additions without considering direct confirmations provided by the assessees. Consequently, the Tribunal ordered the removal of the additions totaling Rs. 2,00,00,000 in each case. Case-Laws Income Tax Thu, 18 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405494