https://www.taxtmi.com/caselaws?id=407252 The Tribunal allowed the appeal, directing the deletion of the addition of Rs. 11,31,800/- to the assessee's income. It found the explanation provided by the assessee, supported by Abhishek Agarwal's admission and evidence, plausible. The Tribunal emphasized the importance of considering human conduct and the principle of preponderance of probability. The revenue was given the liberty to initiate action against Abhishek Agarwal based on his admission and evidence. en-us Wed, 24 Feb 2021 00:00:00 +0530 Wed, 05 May 2021 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407252 The Tribunal allowed the appeal, directing the deletion of the addition of Rs. 11,31,800/- to the assessee's income. It found the explanation provided by the assessee, supported by Abhishek Agarwal's admission and evidence, plausible. The Tribunal emphasized the importance of considering human conduct and the principle of preponderance of probability. The revenue was given the liberty to initiate action against Abhishek Agarwal based on his admission and evidence. Case-Laws Income Tax Wed, 24 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407252