https://www.taxtmi.com/caselaws?id=239634 The Tribunal upheld the CIT (A)'s decision regarding the estimation of income from house property at Rs. 36,000, as the appellant did not strongly contest this issue. Additionally, the Tribunal confirmed the addition of Rs. 17,61,900 as unexplained cash credit under section 68 of the Income Tax Act due to discrepancies in the appellant's bank transactions and lack of credible explanations. The disallowance of commission expenses amounting to Rs. 40,262 was also upheld by the Tribunal, as the appellant failed to provide evidence of services rendered by the recipient. Consequently, the appeal was dismissed. en-us Wed, 06 Nov 2013 00:00:00 +0530 Mon, 18 Nov 2013 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239634 The Tribunal upheld the CIT (A)'s decision regarding the estimation of income from house property at Rs. 36,000, as the appellant did not strongly contest this issue. Additionally, the Tribunal confirmed the addition of Rs. 17,61,900 as unexplained cash credit under section 68 of the Income Tax Act due to discrepancies in the appellant's bank transactions and lack of credible explanations. The disallowance of commission expenses amounting to Rs. 40,262 was also upheld by the Tribunal, as the appellant failed to provide evidence of services rendered by the recipient. Consequently, the appeal was dismissed. Case-Laws Income Tax Wed, 06 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239634