https://www.taxtmi.com/caselaws?id=59078 The Tribunal allowed the appeal of the assessee, directing the deletion of the addition to the income. The judgment emphasized the importance of evidence and legal principles in tax assessments, highlighting the need for the Revenue to substantiate additions based on admissions. The Tribunal concluded that the addition was not justified solely based on the assessee's admission without supporting evidence. en-us Mon, 12 Jul 1993 00:00:00 +0530 Thu, 23 Dec 2010 17:58:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59078 The Tribunal allowed the appeal of the assessee, directing the deletion of the addition to the income. The judgment emphasized the importance of evidence and legal principles in tax assessments, highlighting the need for the Revenue to substantiate additions based on admissions. The Tribunal concluded that the addition was not justified solely based on the assessee's admission without supporting evidence. Case-Laws Income Tax Mon, 12 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59078