https://www.taxtmi.com/caselaws?id=779677 ITAT (DELHI - AT) held that additions for alleged capitation fees were unwarranted because incriminating documents were seized from a third party and, under the statutory presumption, cannot be attributed to the assessee absent corroborative material; the trust consistently denied receipt and no supporting evidence was found in its custody. Likewise, additions for unsecured cash loans and interest were deleted where these loans and interest were reflected in audited books and the AO's extrapolated adjustments lacked proper detail or corroboration. Appeals of the assessee were allowed. en-us Tue, 30 Sep 2025 00:00:00 +0530 Fri, 10 Oct 2025 08:44:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779677 ITAT (DELHI - AT) held that additions for alleged capitation fees were unwarranted because incriminating documents were seized from a third party and, under the statutory presumption, cannot be attributed to the assessee absent corroborative material; the trust consistently denied receipt and no supporting evidence was found in its custody. Likewise, additions for unsecured cash loans and interest were deleted where these loans and interest were reflected in audited books and the AO's extrapolated adjustments lacked proper detail or corroboration. Appeals of the assessee were allowed. Case-Laws Income Tax Tue, 30 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779677