https://www.taxtmi.com/caselaws?id=69700 The Tribunal upheld the Appellate Assistant Commissioner's deletions of additions for deficiency in gross profit and unexplained credits under the head "other sources," as well as the disallowance of interest payments. However, the Tribunal reversed the AAC's direction regarding the charging of interest under Section 217, stating that the AAC was not justified in modifying the interest charge. The appeals were allowed in part and dismissed in part accordingly. en-us Tue, 28 Feb 1978 00:00:00 +0530 Mon, 11 Apr 2011 16:26:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69700 The Tribunal upheld the Appellate Assistant Commissioner's deletions of additions for deficiency in gross profit and unexplained credits under the head "other sources," as well as the disallowance of interest payments. However, the Tribunal reversed the AAC's direction regarding the charging of interest under Section 217, stating that the AAC was not justified in modifying the interest charge. The appeals were allowed in part and dismissed in part accordingly. Case-Laws Income Tax Tue, 28 Feb 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69700