https://www.taxtmi.com/caselaws?id=298256 The ITAT Hyderabad allowed the appeal by the assessee, overturning the additions made by the AO related to excess cash and estimated sales. The tribunal emphasized the importance of concrete evidence in tax assessments and rejected estimations based on assumptions or suspicions without factual support. en-us Fri, 13 Mar 2015 00:00:00 +0530 Fri, 22 Oct 2021 21:25:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298256 The ITAT Hyderabad allowed the appeal by the assessee, overturning the additions made by the AO related to excess cash and estimated sales. The tribunal emphasized the importance of concrete evidence in tax assessments and rejected estimations based on assumptions or suspicions without factual support. Case-Laws Income Tax Fri, 13 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298256