https://www.taxtmi.com/caselaws?id=423391 The Tribunal allowed the appeal, ruling that the addition under Section 69C of the Income Tax Act was unjustified. It held that the assessee should not be treated differently from other co-owners in similar situations, citing principles of equality and fairness. The Tribunal emphasized that the revenue lacked evidence to support the addition and deleted the Rs. 1,62,437/- addition made by the Assessing Officer for the Assessment Year 2015-16. en-us Thu, 02 Jun 2022 00:00:00 +0530 Sat, 04 Jun 2022 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423391 The Tribunal allowed the appeal, ruling that the addition under Section 69C of the Income Tax Act was unjustified. It held that the assessee should not be treated differently from other co-owners in similar situations, citing principles of equality and fairness. The Tribunal emphasized that the revenue lacked evidence to support the addition and deleted the Rs. 1,62,437/- addition made by the Assessing Officer for the Assessment Year 2015-16. Case-Laws Income Tax Thu, 02 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423391