https://www.taxtmi.com/caselaws?id=771940 The ITAT Bangalore allowed the appeal and directed the AO to delete additions made against the assessee trust. The additions were based solely on seized diaries written by an individual without corroborative evidence such as statements from students' parents, fee refund recipients, or alleged agents. The revenue department failed to provide supporting material beyond the diaries, and contradictory statements were not properly addressed. The tribunal deleted additions relating to non-receipt/refund of fees, alleged unaccounted agent payments, and fees income, finding the assessment conclusions based on insufficient evidence. en-us Thu, 22 May 2025 00:00:00 +0530 Mon, 02 Jun 2025 08:34:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771940 The ITAT Bangalore allowed the appeal and directed the AO to delete additions made against the assessee trust. The additions were based solely on seized diaries written by an individual without corroborative evidence such as statements from students' parents, fee refund recipients, or alleged agents. The revenue department failed to provide supporting material beyond the diaries, and contradictory statements were not properly addressed. The tribunal deleted additions relating to non-receipt/refund of fees, alleged unaccounted agent payments, and fees income, finding the assessment conclusions based on insufficient evidence. Case-Laws Income Tax Thu, 22 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771940