https://www.taxtmi.com/caselaws?id=216201 The Tribunal partially allowed the appeals in a tax case involving various issues. The Tribunal remanded the loan claim for fresh verification, revised the net profit estimation to 6%, upheld the treatment of royalty income as income from other sources, and deleted the addition for the Mangalore property due to lack of details. The judgment provided partial relief to both the assessee and the revenue, reflecting a balanced resolution of the disputes raised. en-us Wed, 20 Jun 2012 00:00:00 +0530 Wed, 22 Aug 2012 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216201 The Tribunal partially allowed the appeals in a tax case involving various issues. The Tribunal remanded the loan claim for fresh verification, revised the net profit estimation to 6%, upheld the treatment of royalty income as income from other sources, and deleted the addition for the Mangalore property due to lack of details. The judgment provided partial relief to both the assessee and the revenue, reflecting a balanced resolution of the disputes raised. Case-Laws Income Tax Wed, 20 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216201