https://www.taxtmi.com/caselaws?id=30827 The appeals filed by the Revenue challenging the admissibility of statements made during searches under section 132(4) of the Income-tax Act, 1961 were dismissed by the Tribunal. The Tribunal emphasized the necessity of concrete evidence to support additions of undisclosed income, ruling that without material found during the search or related evidence, statements could not be the basis for additions in block assessments. The Tribunal upheld the decisions, stating that the Revenue failed to provide any basis for the additions, leading to the dismissal of the tax cases. The burden of proof was highlighted as lying with the Revenue to establish discrepancies or undisclosed income. en-us Thu, 14 Dec 2006 00:00:00 +0530 Sat, 27 Sep 2008 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30827 The appeals filed by the Revenue challenging the admissibility of statements made during searches under section 132(4) of the Income-tax Act, 1961 were dismissed by the Tribunal. The Tribunal emphasized the necessity of concrete evidence to support additions of undisclosed income, ruling that without material found during the search or related evidence, statements could not be the basis for additions in block assessments. The Tribunal upheld the decisions, stating that the Revenue failed to provide any basis for the additions, leading to the dismissal of the tax cases. The burden of proof was highlighted as lying with the Revenue to establish discrepancies or undisclosed income. Case-Laws Income Tax Thu, 14 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30827