https://www.taxtmi.com/caselaws?id=309579 The Income Tax Appellate Tribunal's decision to delete the addition of Rs.28,92,750/- made by the Assessing Officer was upheld. The Tribunal found that the amount in question, related to an agreement for the sale of land, was never acted upon, unsigned, and the property remained in the assessee's name. Due to the lack of corroborating evidence and proof of possession being handed over, the Tribunal concluded that no taxable income arose from the unsigned document. As a result, the appeal was dismissed for the absence of any substantial question of law. en-us Mon, 28 Jun 2010 00:00:00 +0530 Mon, 11 Sep 2023 16:50:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309579 The Income Tax Appellate Tribunal's decision to delete the addition of Rs.28,92,750/- made by the Assessing Officer was upheld. The Tribunal found that the amount in question, related to an agreement for the sale of land, was never acted upon, unsigned, and the property remained in the assessee's name. Due to the lack of corroborating evidence and proof of possession being handed over, the Tribunal concluded that no taxable income arose from the unsigned document. As a result, the appeal was dismissed for the absence of any substantial question of law. Case-Laws Income Tax Mon, 28 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309579