https://www.taxtmi.com/caselaws?id=270566 The Tribunal allowed the assessee's appeal and dismissed the revenue's appeal. It determined that the loans from the father and mother were genuine, discrepancies in the capital account were due to errors, sales to debtors were already included in previous years' income, and discrepancies in sundry creditors were reconciled. Therefore, no additions were deemed necessary in these instances. en-us Wed, 18 Nov 2015 00:00:00 +0530 Sat, 09 Jan 2016 17:04:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270566 The Tribunal allowed the assessee's appeal and dismissed the revenue's appeal. It determined that the loans from the father and mother were genuine, discrepancies in the capital account were due to errors, sales to debtors were already included in previous years' income, and discrepancies in sundry creditors were reconciled. Therefore, no additions were deemed necessary in these instances. Case-Laws Income Tax Wed, 18 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270566