https://www.taxtmi.com/caselaws?id=436371 The appeal by the Revenue challenging additions made on account of cash payments and under Section 69C of the Act for interest was dismissed. The CIT(A) had deleted the additions after analyzing seized materials and books of accounts. The Tribunal upheld the CIT(A)'s decision, finding the assessing officer's evidence unreliable. The Judges ruled in favor of the Assessee, concluding that the additions lacked sufficient evidence. The appeal was dismissed, and no costs were awarded. en-us Mon, 20 Mar 2023 00:00:00 +0530 Wed, 16 Aug 2023 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436371 The appeal by the Revenue challenging additions made on account of cash payments and under Section 69C of the Act for interest was dismissed. The CIT(A) had deleted the additions after analyzing seized materials and books of accounts. The Tribunal upheld the CIT(A)'s decision, finding the assessing officer's evidence unreliable. The Judges ruled in favor of the Assessee, concluding that the additions lacked sufficient evidence. The appeal was dismissed, and no costs were awarded. Case-Laws Income Tax Mon, 20 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436371