https://www.taxtmi.com/caselaws?id=64299 The Tribunal partly allowed the assessee's appeal, directing the deletion of several additions made by the Assessing Officer. The Tribunal found in favor of the assessee on various issues including unexplained remittances, undisclosed income from fixed deposits, cash found belonging to the firm, cash deposits in bank accounts, and opening balance in the capital account. The Tribunal also deleted the interest levied under the IT Act and upheld the deletion of additions made based on seized documents. One issue was remanded back to the AO for further verification. The Revenue's appeal was dismissed entirely. en-us Mon, 02 Aug 2004 00:00:00 +0530 Mon, 07 Feb 2011 10:36:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64299 The Tribunal partly allowed the assessee's appeal, directing the deletion of several additions made by the Assessing Officer. The Tribunal found in favor of the assessee on various issues including unexplained remittances, undisclosed income from fixed deposits, cash found belonging to the firm, cash deposits in bank accounts, and opening balance in the capital account. The Tribunal also deleted the interest levied under the IT Act and upheld the deletion of additions made based on seized documents. One issue was remanded back to the AO for further verification. The Revenue's appeal was dismissed entirely. Case-Laws Income Tax Mon, 02 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64299