https://www.taxtmi.com/caselaws?id=185507 The Tribunal upheld the CIT(A)'s decisions to delete additions for unexplained cash credit, bogus purchases, advances written off, and duty drawback income. However, it confirmed additions under Section 40A(3) and Section 40(a) for cash payments and non-deduction of TDS. The Tribunal reduced the undisclosed income addition from Rs. 30,000 to Rs. 20,888, granting the assessee relief. The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal, providing detailed justifications for each decision based on the evidence and legal precedents. en-us Fri, 29 Jan 2010 00:00:00 +0530 Tue, 16 Aug 2016 18:15:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185507 The Tribunal upheld the CIT(A)'s decisions to delete additions for unexplained cash credit, bogus purchases, advances written off, and duty drawback income. However, it confirmed additions under Section 40A(3) and Section 40(a) for cash payments and non-deduction of TDS. The Tribunal reduced the undisclosed income addition from Rs. 30,000 to Rs. 20,888, granting the assessee relief. The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal, providing detailed justifications for each decision based on the evidence and legal precedents. Case-Laws Income Tax Fri, 29 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185507