https://www.taxtmi.com/caselaws?id=326554 The Revenue's appeals were dismissed as the ITAT upheld the CIT(A)'s orders. The additions made by the AO were deleted on various grounds including lack of evidence linking foreign account deposits to defense contracts, non-taxability of certain remittances, and non-resident status of the appellant. The ITAT found in favor of the assessee based on earlier judgments/orders, leading to the dismissal of Revenue's appeals and partial allowance of the assessee's Cross Objections. The appellant was not held liable to pay tax on amounts in the HSBC account, and additions on interest income were negated due to non-taxable status. en-us Mon, 22 Feb 2016 00:00:00 +0530 Tue, 19 Apr 2016 11:58:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326554 The Revenue's appeals were dismissed as the ITAT upheld the CIT(A)'s orders. The additions made by the AO were deleted on various grounds including lack of evidence linking foreign account deposits to defense contracts, non-taxability of certain remittances, and non-resident status of the appellant. The ITAT found in favor of the assessee based on earlier judgments/orders, leading to the dismissal of Revenue's appeals and partial allowance of the assessee's Cross Objections. The appellant was not held liable to pay tax on amounts in the HSBC account, and additions on interest income were negated due to non-taxable status. Case-Laws Income Tax Mon, 22 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326554