https://www.taxtmi.com/caselaws?id=55151 The Department's appeal against the deletion of an addition of Rs. 1,27,461 by the CIT(A) for the assessment year 1994-95 was dismissed by the Tribunal. The CIT(A) found that the AO failed to provide sufficient evidence to support the addition, and the initial statement made during the survey lacked a basis. The Tribunal upheld the CIT(A)'s decision, stating that the assessee had disclosed all material facts necessary for assessment, and the notice under s. 148 was issued without new material. The assessee's cross-objection was deemed legally untenable and dismissed. en-us Fri, 28 Mar 2003 00:00:00 +0530 Wed, 24 Nov 2010 09:51:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55151 The Department's appeal against the deletion of an addition of Rs. 1,27,461 by the CIT(A) for the assessment year 1994-95 was dismissed by the Tribunal. The CIT(A) found that the AO failed to provide sufficient evidence to support the addition, and the initial statement made during the survey lacked a basis. The Tribunal upheld the CIT(A)'s decision, stating that the assessee had disclosed all material facts necessary for assessment, and the notice under s. 148 was issued without new material. The assessee's cross-objection was deemed legally untenable and dismissed. Case-Laws Income Tax Fri, 28 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55151