https://www.taxtmi.com/caselaws?id=249430 The Tribunal ruled in favor of the Assessee, deleting the additions made by the AO and CIT(A) for both low household expenses and credits in bank accounts of other persons. The Tribunal referred to earlier Tribunal orders and emphasized the lack of supporting material for the additions. Consequently, the Tribunal directed the deletion of the sustained additions and restored the issues back to the AO for further investigation, following the precedent set by previous decisions. en-us Wed, 18 Jun 2014 00:00:00 +0530 Mon, 14 Jul 2014 09:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249430 The Tribunal ruled in favor of the Assessee, deleting the additions made by the AO and CIT(A) for both low household expenses and credits in bank accounts of other persons. The Tribunal referred to earlier Tribunal orders and emphasized the lack of supporting material for the additions. Consequently, the Tribunal directed the deletion of the sustained additions and restored the issues back to the AO for further investigation, following the precedent set by previous decisions. Case-Laws Income Tax Wed, 18 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249430