https://www.taxtmi.com/caselaws?id=409928 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 2.15 crore as unaccounted money invested by the assessee for the property purchase. The Tribunal found that the property was not in the assessee's name, payments were made through banking channels, and there was no evidence supporting the AO's claim of unaccounted cash payments. The Revenue's appeal was dismissed, affirming the CIT(A)'s order. en-us Thu, 15 Jul 2021 00:00:00 +0530 Tue, 20 Jul 2021 10:13:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409928 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 2.15 crore as unaccounted money invested by the assessee for the property purchase. The Tribunal found that the property was not in the assessee's name, payments were made through banking channels, and there was no evidence supporting the AO's claim of unaccounted cash payments. The Revenue's appeal was dismissed, affirming the CIT(A)'s order. Case-Laws Income Tax Thu, 15 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409928