https://www.taxtmi.com/caselaws?id=308799 The Tribunal allowed the appeal, setting aside the CIT(A)'s order and deleting the Rs. 47,00,000/- addition under Section 69. The Tribunal found that the addition was based on speculative and baseless grounds without concrete evidence linking the impounded document's notings to the flat purchase. The interest levied under Sections 234A/B/C was to be recomputed accordingly. en-us Fri, 29 Dec 2017 00:00:00 +0530 Mon, 24 Jul 2023 21:19:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308799 The Tribunal allowed the appeal, setting aside the CIT(A)'s order and deleting the Rs. 47,00,000/- addition under Section 69. The Tribunal found that the addition was based on speculative and baseless grounds without concrete evidence linking the impounded document's notings to the flat purchase. The interest levied under Sections 234A/B/C was to be recomputed accordingly. Case-Laws Income Tax Fri, 29 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308799