https://www.taxtmi.com/caselaws?id=762734 The ITAT Delhi dismissed the department's appeal regarding cash additions made during a search operation. The CIT(A) accepted the assessee's contention that the surrender statement was made under coercion without adequate consultation time with their representative. The tribunal found that entries in the seized diary were mere projections, not actual income, and the assessee's explanations were satisfactory. The department's arguments lacked merit, resulting in dismissal of all grounds of appeal and upholding the CIT(A)'s decision to delete the additions. en-us Wed, 04 Dec 2024 00:00:00 +0530 Fri, 06 Dec 2024 08:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762734 The ITAT Delhi dismissed the department's appeal regarding cash additions made during a search operation. The CIT(A) accepted the assessee's contention that the surrender statement was made under coercion without adequate consultation time with their representative. The tribunal found that entries in the seized diary were mere projections, not actual income, and the assessee's explanations were satisfactory. The department's arguments lacked merit, resulting in dismissal of all grounds of appeal and upholding the CIT(A)'s decision to delete the additions. Case-Laws Income Tax Wed, 04 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762734