https://www.taxtmi.com/caselaws?id=62233 The Tribunal partly allowed the appeal. The addition of Rs. 2,50,000 was upheld as it fell within the relevant assessment year. However, the addition of Rs. 11,11,716 was deleted based on the probability that the balance amount of Rs. 9,29,566 was utilized for tax payments. en-us Wed, 17 Nov 1993 00:00:00 +0530 Tue, 18 Jan 2011 16:57:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62233 The Tribunal partly allowed the appeal. The addition of Rs. 2,50,000 was upheld as it fell within the relevant assessment year. However, the addition of Rs. 11,11,716 was deleted based on the probability that the balance amount of Rs. 9,29,566 was utilized for tax payments. Case-Laws Income Tax Wed, 17 Nov 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62233