https://www.taxtmi.com/caselaws?id=428389 The Tribunal held that protective additions made by the AO were unsustainable without substantive additions. The pen drive contents were not verified, and no statements were taken from the employee in possession. The Tribunal emphasized the need for credible evidence and substantive assessments before protective additions. Relying on legal precedents, including Lalji Haridas vs. ITO, the Tribunal invalidated the protective assessments, vacating additions in all assessment years. The appeals were allowed, emphasizing the importance of establishing the veracity of evidence before making additions to income. en-us Mon, 26 Sep 2022 00:00:00 +0530 Thu, 29 Sep 2022 23:15:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428389 The Tribunal held that protective additions made by the AO were unsustainable without substantive additions. The pen drive contents were not verified, and no statements were taken from the employee in possession. The Tribunal emphasized the need for credible evidence and substantive assessments before protective additions. Relying on legal precedents, including Lalji Haridas vs. ITO, the Tribunal invalidated the protective assessments, vacating additions in all assessment years. The appeals were allowed, emphasizing the importance of establishing the veracity of evidence before making additions to income. Case-Laws Income Tax Mon, 26 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428389