https://www.taxtmi.com/caselaws?id=270070 The Tribunal partly allowed the assessee's appeal, reducing the total sustained addition from Rs. 8,39,832/- to Rs. 5,33,659/-. The Tribunal upheld the additions related to the undisclosed bank accounts and fixed deposits, while adjusting the addition based on the net profit rate. The grounds related to interest and penalty were noted as consequential and premature, respectively. en-us Fri, 18 Dec 2015 00:00:00 +0530 Mon, 28 Dec 2015 09:54:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270070 The Tribunal partly allowed the assessee's appeal, reducing the total sustained addition from Rs. 8,39,832/- to Rs. 5,33,659/-. The Tribunal upheld the additions related to the undisclosed bank accounts and fixed deposits, while adjusting the addition based on the net profit rate. The grounds related to interest and penalty were noted as consequential and premature, respectively. Case-Laws Income Tax Fri, 18 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270070