https://www.taxtmi.com/caselaws?id=307857 The Tribunal upheld the CIT(A)'s decision to delete the additions of Rs. 25 Crores for AY 2013-14 and Rs. 15 Crores for AY 2015-16. The CIT(A) found the seized documents lacked evidentiary value, accepted the retraction of statements made under duress, and deemed Section 292C inapplicable due to lack of evidence linking documents to the assessee. The Tribunal dismissed the revenue's appeals for both years, as no corroborative evidence supported the additions, and previous decisions cited were deemed irrelevant to the case. en-us Wed, 16 Sep 2020 00:00:00 +0530 Fri, 12 May 2023 12:55:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307857 The Tribunal upheld the CIT(A)'s decision to delete the additions of Rs. 25 Crores for AY 2013-14 and Rs. 15 Crores for AY 2015-16. The CIT(A) found the seized documents lacked evidentiary value, accepted the retraction of statements made under duress, and deemed Section 292C inapplicable due to lack of evidence linking documents to the assessee. The Tribunal dismissed the revenue's appeals for both years, as no corroborative evidence supported the additions, and previous decisions cited were deemed irrelevant to the case. Case-Laws Income Tax Wed, 16 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307857