https://www.taxtmi.com/caselaws?id=434190 The Tribunal allowed both appeals filed by the assessee, deleting the additions made by the Assessing Officer and upheld by the CIT(A). The Tribunal emphasized the importance of corroborative evidence and proper linkage of seized documents to the assessee. It found that the expenses were properly accounted for and that the liabilities had not ceased to exist, ultimately ruling in favor of the assessee in all aspects of the case. en-us Thu, 16 Feb 2023 00:00:00 +0530 Sat, 18 Feb 2023 06:50:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434190 The Tribunal allowed both appeals filed by the assessee, deleting the additions made by the Assessing Officer and upheld by the CIT(A). The Tribunal emphasized the importance of corroborative evidence and proper linkage of seized documents to the assessee. It found that the expenses were properly accounted for and that the liabilities had not ceased to exist, ultimately ruling in favor of the assessee in all aspects of the case. Case-Laws Income Tax Thu, 16 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434190