https://www.taxtmi.com/caselaws?id=419483 The CIT (A) deleted the additions made by the AO under Sections 68 and 69C, holding that the additions were not sustainable due to the absence of incriminating material found during the search. The retraction of statements made under Section 132(4) was accepted as valid, and the statements were not considered incriminating material. The appeals filed by the revenue were dismissed. en-us Thu, 24 Feb 2022 00:00:00 +0530 Fri, 11 Mar 2022 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419483 The CIT (A) deleted the additions made by the AO under Sections 68 and 69C, holding that the additions were not sustainable due to the absence of incriminating material found during the search. The retraction of statements made under Section 132(4) was accepted as valid, and the statements were not considered incriminating material. The appeals filed by the revenue were dismissed. Case-Laws Income Tax Thu, 24 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419483