https://www.taxtmi.com/caselaws?id=423801 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision that the AO did not provide sufficient evidence to prove an arrangement resulting in more than ordinary profits. The Tribunal emphasized the need for the Revenue to substantiate claims of tax avoidance with concrete evidence and upheld the relief granted to the assessee. en-us Fri, 10 Jun 2022 00:00:00 +0530 Fri, 02 Dec 2022 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423801 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision that the AO did not provide sufficient evidence to prove an arrangement resulting in more than ordinary profits. The Tribunal emphasized the need for the Revenue to substantiate claims of tax avoidance with concrete evidence and upheld the relief granted to the assessee. Case-Laws Income Tax Fri, 10 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423801