https://www.taxtmi.com/caselaws?id=262920 The Tribunal upheld the CIT(A)'s decision to delete additions for excess cash and unaccounted expenses on houses, finding the explanations reasonable. The issue of unaccounted excess stock was remanded back to the AO for fresh verification. The Tribunal also upheld the CIT(A)'s decision on explanations for retractions and timing of evidence submission. The Revenue's appeal was partly allowed for statistical purposes. en-us Fri, 14 Aug 2015 00:00:00 +0530 Sat, 22 Aug 2015 07:53:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262920 The Tribunal upheld the CIT(A)'s decision to delete additions for excess cash and unaccounted expenses on houses, finding the explanations reasonable. The issue of unaccounted excess stock was remanded back to the AO for fresh verification. The Tribunal also upheld the CIT(A)'s decision on explanations for retractions and timing of evidence submission. The Revenue's appeal was partly allowed for statistical purposes. Case-Laws Income Tax Fri, 14 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262920