https://www.taxtmi.com/caselaws?id=299706 The Tribunal dismissed the Departmental Appeal, affirming the Ld. CIT(A)'s decision to delete the addition of interest earned on the undisclosed foreign bank account. The A.O.'s lack of concrete evidence to support the addition, which was based on presumptions without proof of the assessee's foreign bank account maintenance or interest earnings, led to the dismissal of the Revenue's appeal. en-us Tue, 02 Mar 2021 00:00:00 +0530 Sun, 26 Dec 2021 09:28:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299706 The Tribunal dismissed the Departmental Appeal, affirming the Ld. CIT(A)'s decision to delete the addition of interest earned on the undisclosed foreign bank account. The A.O.'s lack of concrete evidence to support the addition, which was based on presumptions without proof of the assessee's foreign bank account maintenance or interest earnings, led to the dismissal of the Revenue's appeal. Case-Laws Income Tax Tue, 02 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299706