https://www.taxtmi.com/caselaws?id=327772 The Tribunal partly allowed the appeal, remanding the disallowance under Section 40(a)(ia) for verification. It upheld the ad hoc addition for unrecorded purchases, emphasizing the entire sum should be taxed due to the lack of explanation on the source of funds. The Tribunal's decision was pronounced on 6.4.2016. en-us Wed, 06 Apr 2016 00:00:00 +0530 Thu, 19 May 2016 10:23:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327772 The Tribunal partly allowed the appeal, remanding the disallowance under Section 40(a)(ia) for verification. It upheld the ad hoc addition for unrecorded purchases, emphasizing the entire sum should be taxed due to the lack of explanation on the source of funds. The Tribunal's decision was pronounced on 6.4.2016. Case-Laws Income Tax Wed, 06 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327772