https://www.taxtmi.com/caselaws?id=246999 The Tribunal partially allowed the appeal, rejecting the addition against household/living expenses and granting partial relief regarding the sale of furniture. The Tribunal found discrepancies in the assessee's explanations for the sale of furniture and upheld part of the claim while deeming the rest as an attempt to evade tax. Regarding the credit for household expenses, the Tribunal disagreed with the Revenue's stance, considering the explanation provided by the assessee as acceptable and deleting the addition as unjustified. en-us Thu, 17 Apr 2014 00:00:00 +0530 Tue, 29 Apr 2014 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246999 The Tribunal partially allowed the appeal, rejecting the addition against household/living expenses and granting partial relief regarding the sale of furniture. The Tribunal found discrepancies in the assessee's explanations for the sale of furniture and upheld part of the claim while deeming the rest as an attempt to evade tax. Regarding the credit for household expenses, the Tribunal disagreed with the Revenue's stance, considering the explanation provided by the assessee as acceptable and deleting the addition as unjustified. Case-Laws Income Tax Thu, 17 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246999