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    <title>2016 (4) TMI 664 - ITAT LUCKNOW</title>
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    <description>The Tribunal partly allowed the assessee&#039;s appeal, upholding some additions like unsecured loans and extraordinary income. However, certain additions, such as interest on FDRs and ad hoc disallowances on repair &amp;amp; maintenance and salary expenses, were deleted due to lack of justification by the Assessing Officer. The Tribunal granted partial relief on the increase in Security Deposits but confirmed some additions. Overall, the Tribunal&#039;s decision was based on the evidence and explanations provided by the assessee.</description>
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      <link>https://www.taxtmi.com/caselaws?id=326550</link>
      <description>The Tribunal partly allowed the assessee&#039;s appeal, upholding some additions like unsecured loans and extraordinary income. However, certain additions, such as interest on FDRs and ad hoc disallowances on repair &amp;amp; maintenance and salary expenses, were deleted due to lack of justification by the Assessing Officer. The Tribunal granted partial relief on the increase in Security Deposits but confirmed some additions. Overall, the Tribunal&#039;s decision was based on the evidence and explanations provided by the assessee.</description>
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      <pubDate>Mon, 29 Feb 2016 00:00:00 +0530</pubDate>
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