https://www.taxtmi.com/caselaws?id=410102 The Tribunal dismissed the appeals of the Revenue, upholding the CIT(A)'s decision to delete the additions made by the AO. The Tribunal emphasized the need for corroborative evidence to support statements made during search operations and highlighted the importance of adhering to judicial precedents and CBDT circulars. The Tribunal also addressed the issue of double taxation, ensuring that the same income is not taxed twice. en-us Tue, 20 Jul 2021 00:00:00 +0530 Sat, 24 Jul 2021 09:13:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410102 The Tribunal dismissed the appeals of the Revenue, upholding the CIT(A)'s decision to delete the additions made by the AO. The Tribunal emphasized the need for corroborative evidence to support statements made during search operations and highlighted the importance of adhering to judicial precedents and CBDT circulars. The Tribunal also addressed the issue of double taxation, ensuring that the same income is not taxed twice. Case-Laws Income Tax Tue, 20 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410102