https://www.taxtmi.com/caselaws?id=263819 The ITAT Chennai partially allowed the assessee's appeal, reducing the additions related to unexplained cash deposits and unexplained fixed deposits. However, the decision on unaccounted interest income was upheld. The tribunal stressed the importance of providing substantial evidence to support claims and complying with procedural requirements in financial transactions. en-us Wed, 11 Mar 2015 00:00:00 +0530 Sat, 25 Jul 2015 10:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263819 The ITAT Chennai partially allowed the assessee's appeal, reducing the additions related to unexplained cash deposits and unexplained fixed deposits. However, the decision on unaccounted interest income was upheld. The tribunal stressed the importance of providing substantial evidence to support claims and complying with procedural requirements in financial transactions. Case-Laws Income Tax Wed, 11 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263819