https://www.taxtmi.com/caselaws?id=418018 The Tribunal dismissed the appeals by both parties. The additions based on surrendered income during the search were deleted for lack of incriminating evidence. Unsecured loans were deemed genuine for 2013-14 and 2014-15, but an addition for 2012-13 was upheld due to insufficient evidence. The judgment stressed the need for incriminating evidence to support additions based on statements during searches. en-us Fri, 26 Nov 2021 00:00:00 +0530 Mon, 07 Feb 2022 08:12:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418018 The Tribunal dismissed the appeals by both parties. The additions based on surrendered income during the search were deleted for lack of incriminating evidence. Unsecured loans were deemed genuine for 2013-14 and 2014-15, but an addition for 2012-13 was upheld due to insufficient evidence. The judgment stressed the need for incriminating evidence to support additions based on statements during searches. Case-Laws Income Tax Fri, 26 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418018