https://www.taxtmi.com/caselaws?id=429763 The Tribunal set aside the CIT(A)'s decision to delete the addition of undisclosed income, remanding the issue for reconsideration. The Tribunal emphasized the need for proper evaluation of additional evidence and application of Section 68 of the Income Tax Act, directing the CIT(A) to provide reasons for admitting evidence and thoroughly assess the case. The AO's appeal was allowed for statistical purposes, stressing the importance of a comprehensive examination of evidence and correct legal application. en-us Mon, 31 Oct 2022 00:00:00 +0530 Fri, 04 Nov 2022 08:52:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429763 The Tribunal set aside the CIT(A)'s decision to delete the addition of undisclosed income, remanding the issue for reconsideration. The Tribunal emphasized the need for proper evaluation of additional evidence and application of Section 68 of the Income Tax Act, directing the CIT(A) to provide reasons for admitting evidence and thoroughly assess the case. The AO's appeal was allowed for statistical purposes, stressing the importance of a comprehensive examination of evidence and correct legal application. Case-Laws Income Tax Mon, 31 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429763