https://www.taxtmi.com/caselaws?id=444225 The High Court allowed the production of additional evidence under Rule 29, overturning the Tribunal's decision, and directed the Assessing Officer to consider the additional evidence and issue a fresh order. Various additions made by the Tribunal were deleted or reduced, such as cash found during search, gold, silver, and diamond jewellery, household articles, investments in cars and firearms, promissory notes, bank deposits, and other expenses. The Tribunal was directed to exclude certain income from the assessment, resulting in the total income of the assessee being determined at Rs. 64,98,721/- with the appeal partly allowed. en-us Wed, 27 Sep 2023 00:00:00 +0530 Tue, 10 Oct 2023 16:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444225 The High Court allowed the production of additional evidence under Rule 29, overturning the Tribunal's decision, and directed the Assessing Officer to consider the additional evidence and issue a fresh order. Various additions made by the Tribunal were deleted or reduced, such as cash found during search, gold, silver, and diamond jewellery, household articles, investments in cars and firearms, promissory notes, bank deposits, and other expenses. The Tribunal was directed to exclude certain income from the assessment, resulting in the total income of the assessee being determined at Rs. 64,98,721/- with the appeal partly allowed. Case-Laws Income Tax Wed, 27 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444225