https://www.taxtmi.com/caselaws?id=218600 The Tribunal partially allowed the appeal by restricting the disallowance of expenditure claimed by the assessee to Rs.1 lakh, overturning the addition of unexplained cash deposits in the Savings Bank A/c, and dismissing the levy of interest under section 234B. The Tribunal directed further examination by the AO regarding the cash deposits, considering similar claims accepted in the previous year. en-us Fri, 27 Jul 2012 00:00:00 +0530 Tue, 23 Oct 2012 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218600 The Tribunal partially allowed the appeal by restricting the disallowance of expenditure claimed by the assessee to Rs.1 lakh, overturning the addition of unexplained cash deposits in the Savings Bank A/c, and dismissing the levy of interest under section 234B. The Tribunal directed further examination by the AO regarding the cash deposits, considering similar claims accepted in the previous year. Case-Laws Income Tax Fri, 27 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218600