https://www.taxtmi.com/caselaws?id=418275 The Tribunal set aside the addition of Rs. 15,89,438/- made by the Assessing Officer under Section 69A of the Income Tax Act, confirming the deletion directed by the CIT(A). The Tribunal found that the cash seized belonged to the assessee company and was recorded in its books, thus not meeting the criteria for undisclosed income. Consequently, the appeal of the assessee was allowed, and the addition was removed. en-us Thu, 10 Feb 2022 00:00:00 +0530 Sat, 12 Feb 2022 09:28:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418275 The Tribunal set aside the addition of Rs. 15,89,438/- made by the Assessing Officer under Section 69A of the Income Tax Act, confirming the deletion directed by the CIT(A). The Tribunal found that the cash seized belonged to the assessee company and was recorded in its books, thus not meeting the criteria for undisclosed income. Consequently, the appeal of the assessee was allowed, and the addition was removed. Case-Laws Income Tax Thu, 10 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418275