https://www.taxtmi.com/caselaws?id=298720 The Tribunal set aside the lower authorities' decision to add Rs. 1,03,88,000 as unexplained investment under Section 69B of the Income Tax Act. It found insufficient evidence to prove the cash payments alleged by the Assessing Officer, noting the lack of corroborative evidence and the reliance on "dumb documents." The Tribunal emphasized the absence of incriminating evidence during the survey and ruled in favor of the appellant, deleting the entire addition. en-us Wed, 01 Sep 2010 00:00:00 +0530 Wed, 17 Nov 2021 14:59:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298720 The Tribunal set aside the lower authorities' decision to add Rs. 1,03,88,000 as unexplained investment under Section 69B of the Income Tax Act. It found insufficient evidence to prove the cash payments alleged by the Assessing Officer, noting the lack of corroborative evidence and the reliance on "dumb documents." The Tribunal emphasized the absence of incriminating evidence during the survey and ruled in favor of the appellant, deleting the entire addition. Case-Laws Income Tax Wed, 01 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298720