https://www.taxtmi.com/caselaws?id=57212 The Tribunal dismissed all seven appeals filed by the Revenue for the assessment years 1994-95 to 2000-01. It upheld the CIT(A)'s decisions to delete or reduce additions based on the lack of independent corroborative evidence and the confused state of mind under which the confessional statements were made. The Tribunal found that the AO's reliance on the confessional statements without supporting evidence was unjustified, leading to the deletion or reduction of the additions in favor of the assessee. en-us Fri, 31 Dec 2004 00:00:00 +0530 Wed, 08 Dec 2010 19:05:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57212 The Tribunal dismissed all seven appeals filed by the Revenue for the assessment years 1994-95 to 2000-01. It upheld the CIT(A)'s decisions to delete or reduce additions based on the lack of independent corroborative evidence and the confused state of mind under which the confessional statements were made. The Tribunal found that the AO's reliance on the confessional statements without supporting evidence was unjustified, leading to the deletion or reduction of the additions in favor of the assessee. Case-Laws Income Tax Fri, 31 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57212