https://www.taxtmi.com/caselaws?id=59171 The appeal in ITA No. 4073/Bom/92 was withdrawn and dismissed. In ITA No. 4448/Bom/94, the addition of Rs. 18,00,000 was contested by the assessee. The Tribunal found the evidence insufficient to confirm the addition, as the seized document lacked signatures and the broker's statement was not subject to cross-examination. The Accountant Member dissented, advocating for upholding the addition, citing non-compliance with CIT(Appeals) directions. The Third Member ruled in favor of the assessee, highlighting the lack of credible evidence and referred the matter for final disposal. en-us Tue, 27 May 1997 00:00:00 +0530 Fri, 21 Jun 2013 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59171 The appeal in ITA No. 4073/Bom/92 was withdrawn and dismissed. In ITA No. 4448/Bom/94, the addition of Rs. 18,00,000 was contested by the assessee. The Tribunal found the evidence insufficient to confirm the addition, as the seized document lacked signatures and the broker's statement was not subject to cross-examination. The Accountant Member dissented, advocating for upholding the addition, citing non-compliance with CIT(Appeals) directions. The Third Member ruled in favor of the assessee, highlighting the lack of credible evidence and referred the matter for final disposal. Case-Laws Income Tax Tue, 27 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59171