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    <title>1986 (2) TMI 87 - ITAT AMRITSAR</title>
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    <description>The Appellate Tribunal dismissed all the appeals of the Revenue, confirming the deletion of additions made by the ITO. The Tribunal found that the assessments were based on insufficient and misinterpreted evidence, emphasizing that the undated signed cash vouchers and the statements of employees did not provide a credible basis for the additions. The Tribunal concluded that the ITO&#039;s conclusions were unjustified and upheld the AAC&#039;s decision to delete the additions, deeming them &quot;highly vexatious in nature.&quot;</description>
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      <title>1986 (2) TMI 87 - ITAT AMRITSAR</title>
      <link>https://www.taxtmi.com/caselaws?id=57189</link>
      <description>The Appellate Tribunal dismissed all the appeals of the Revenue, confirming the deletion of additions made by the ITO. The Tribunal found that the assessments were based on insufficient and misinterpreted evidence, emphasizing that the undated signed cash vouchers and the statements of employees did not provide a credible basis for the additions. The Tribunal concluded that the ITO&#039;s conclusions were unjustified and upheld the AAC&#039;s decision to delete the additions, deeming them &quot;highly vexatious in nature.&quot;</description>
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      <pubDate>Thu, 13 Feb 1986 00:00:00 +0530</pubDate>
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