https://www.taxtmi.com/caselaws?id=300892 The Tribunal quashed the impugned search assessment in the case, ruling that no addition can be made without incriminating evidence. The appeals were allowed for certain assessment years, partly allowed for statistical purposes, dismissed one, and partly allowed another. The Tribunal directed verification of evidence for unexplained election expenditure and remitted the issue for further action by the assessing authority. The Tribunal decided in favor of the assessee regarding the addition on the value of gold jewelry but upheld the disallowance of foreign travel expenses. en-us Fri, 22 Jan 2016 00:00:00 +0530 Thu, 03 Mar 2022 06:47:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300892 The Tribunal quashed the impugned search assessment in the case, ruling that no addition can be made without incriminating evidence. The appeals were allowed for certain assessment years, partly allowed for statistical purposes, dismissed one, and partly allowed another. The Tribunal directed verification of evidence for unexplained election expenditure and remitted the issue for further action by the assessing authority. The Tribunal decided in favor of the assessee regarding the addition on the value of gold jewelry but upheld the disallowance of foreign travel expenses. Case-Laws Income Tax Fri, 22 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300892