https://www.taxtmi.com/caselaws?id=214664 The ITAT allowed the appeals in part, directing reassessment for various additions and exclusions based on High Court decisions and proper evaluation of evidence. The ACIT's assessment orders were set aside for reassessment, with directions to exclude income below the taxable limit and reevaluate additions made without proper verification. Unexplained bank deposits, loans, gifts, and rental income were subject to reassessment. The orders were pronounced on 30th May 2012. en-us Wed, 30 May 2012 00:00:00 +0530 Mon, 02 Jul 2012 18:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214664 The ITAT allowed the appeals in part, directing reassessment for various additions and exclusions based on High Court decisions and proper evaluation of evidence. The ACIT's assessment orders were set aside for reassessment, with directions to exclude income below the taxable limit and reevaluate additions made without proper verification. Unexplained bank deposits, loans, gifts, and rental income were subject to reassessment. The orders were pronounced on 30th May 2012. Case-Laws Income Tax Wed, 30 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214664