https://www.taxtmi.com/caselaws?id=238153 The Tribunal dismissed the additional grounds of appeal for certain assessment years. The issue of treatment of agricultural income was remitted back to the Assessing Officer for further substantiation. The levy of interest under specific sections was to be determined consequentially. Unexplained credits in bank accounts were partially upheld but ultimately deleted for one assessment year. Unexplained liabilities were deleted as the transactions were genuine. Disallowance under section 40A(3) was completely deleted as the payments were made on behalf of principals, not as the assessee's own expenditure. Appeals were partly allowed for statistical purposes and fully allowed for others. en-us Fri, 31 May 2013 00:00:00 +0530 Thu, 17 Oct 2013 09:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238153 The Tribunal dismissed the additional grounds of appeal for certain assessment years. The issue of treatment of agricultural income was remitted back to the Assessing Officer for further substantiation. The levy of interest under specific sections was to be determined consequentially. Unexplained credits in bank accounts were partially upheld but ultimately deleted for one assessment year. Unexplained liabilities were deleted as the transactions were genuine. Disallowance under section 40A(3) was completely deleted as the payments were made on behalf of principals, not as the assessee's own expenditure. Appeals were partly allowed for statistical purposes and fully allowed for others. Case-Laws Income Tax Fri, 31 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238153