https://www.taxtmi.com/caselaws?id=419304 The Tribunal allowed the appeals filed by the assessee for all assessment years, directing the deletion of additions made by the AO and confirmed by the CIT(A). The Tribunal emphasized the necessity of independent corroborative evidence to justify additions based on seized documents and statements, highlighting the principles of law regarding admissions and the presumption under the Income Tax Act, 1961. en-us Tue, 22 Feb 2022 00:00:00 +0530 Tue, 08 Mar 2022 09:00:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419304 The Tribunal allowed the appeals filed by the assessee for all assessment years, directing the deletion of additions made by the AO and confirmed by the CIT(A). The Tribunal emphasized the necessity of independent corroborative evidence to justify additions based on seized documents and statements, highlighting the principles of law regarding admissions and the presumption under the Income Tax Act, 1961. Case-Laws Income Tax Tue, 22 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419304