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of <h1>Assessee granted relief for unexplained cash & low expenses in ITAT Chandigarh decision.</h1> The ITAT Chandigarh allowed relief to the assessee for assessment year 1995-96 by dismissing the appeal against the deletion of additions made on account ... Appellate Tribunal The ITAT Chandigarh allowed relief to the assessee for assessment year 1995-96. The first ground of appeal was against deletion of addition made on account of unexplained cash found with the assessee during search. The second ground was about deletion of addition made for low household expenses. The ITAT dismissed the appeal, citing circulars of CBDT and previous decisions supporting the CIT(A)'s deletion of the additions.
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