https://www.taxtmi.com/caselaws?id=428170 The Tribunal ruled in favor of the appellant for both A.Y. 2010-11 and A.Y. 2011-12, deleting the additions made by the Revenue due to the lack of substantial evidence linking the appellant to the alleged cash deposits. The decision emphasized the necessity of concrete corroborative evidence to support additions to an assessee's income, highlighting the insufficiency of third-party allegations without further proof of authenticity. en-us Wed, 21 Sep 2022 00:00:00 +0530 Mon, 26 Sep 2022 08:29:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428170 The Tribunal ruled in favor of the appellant for both A.Y. 2010-11 and A.Y. 2011-12, deleting the additions made by the Revenue due to the lack of substantial evidence linking the appellant to the alleged cash deposits. The decision emphasized the necessity of concrete corroborative evidence to support additions to an assessee's income, highlighting the insufficiency of third-party allegations without further proof of authenticity. Case-Laws Income Tax Wed, 21 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428170