https://www.taxtmi.com/caselaws?id=243836 The High Court ruled in favor of the assessee on all issues, upholding the Tribunal's decisions. The deletion of the addition of unexplained cash, adoption of Annual Letting Value (A.L.V.) for properties, acceptance of oral evidence over material evidence, and addition of interest paid to partners were all found to be justified based on credible evidence. The Court emphasized that the Tribunal's findings were well-founded and consistent with previous judgments, leading to a favorable outcome for the assessee against the revenue. en-us Tue, 28 Jan 2014 00:00:00 +0530 Tue, 11 Feb 2014 06:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243836 The High Court ruled in favor of the assessee on all issues, upholding the Tribunal's decisions. The deletion of the addition of unexplained cash, adoption of Annual Letting Value (A.L.V.) for properties, acceptance of oral evidence over material evidence, and addition of interest paid to partners were all found to be justified based on credible evidence. The Court emphasized that the Tribunal's findings were well-founded and consistent with previous judgments, leading to a favorable outcome for the assessee against the revenue. Case-Laws Income Tax Tue, 28 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243836