https://www.taxtmi.com/caselaws?id=57743 The Tribunal directed the deletion of additions made in the assessments of the involved firms, ruling that the Assessing Officer's approach was flawed. The Tribunal found that the evidence was not adequately considered, alternative explanations were disregarded, and procedural fairness was lacking. It concluded that the additions under Section 69 were not justified, attributing any unaccounted money to individual partners rather than the firms. As a result, the appeals by the assessees were allowed. en-us Mon, 22 Aug 1994 00:00:00 +0530 Mon, 13 Dec 2010 12:15:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57743 The Tribunal directed the deletion of additions made in the assessments of the involved firms, ruling that the Assessing Officer's approach was flawed. The Tribunal found that the evidence was not adequately considered, alternative explanations were disregarded, and procedural fairness was lacking. It concluded that the additions under Section 69 were not justified, attributing any unaccounted money to individual partners rather than the firms. As a result, the appeals by the assessees were allowed. Case-Laws Income Tax Mon, 22 Aug 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57743