https://www.taxtmi.com/caselaws?id=329495 The Tribunal partly allowed the appeal regarding the addition of unexplained cash credit, confirming only 50% of the amount, and fully allowed the appeal concerning the penalty under section 271(1)(c) of the Act. The judgment emphasized the importance of substantiated evidence in tax assessments and penalties, ensuring fair treatment and adherence to legal principles. en-us Thu, 12 May 2016 00:00:00 +0530 Mon, 04 Jul 2016 16:01:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329495 The Tribunal partly allowed the appeal regarding the addition of unexplained cash credit, confirming only 50% of the amount, and fully allowed the appeal concerning the penalty under section 271(1)(c) of the Act. The judgment emphasized the importance of substantiated evidence in tax assessments and penalties, ensuring fair treatment and adherence to legal principles. Case-Laws Income Tax Thu, 12 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329495