https://www.taxtmi.com/caselaws?id=331480 The Tribunal dismissed the revenue's appeal and allowed the assessee's appeals. It upheld the deletion of the addition of Rs. 67.46 lakhs as "Unaccounted investment," restored the issues of Kisan Vikas Patra (KVP) interest and LIC refund to the AO for further examination, and directed the deletion of penalties levied under Section 271AAA of the Income Tax Act. en-us Wed, 25 May 2016 00:00:00 +0530 Wed, 24 Aug 2016 11:02:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331480 The Tribunal dismissed the revenue's appeal and allowed the assessee's appeals. It upheld the deletion of the addition of Rs. 67.46 lakhs as "Unaccounted investment," restored the issues of Kisan Vikas Patra (KVP) interest and LIC refund to the AO for further examination, and directed the deletion of penalties levied under Section 271AAA of the Income Tax Act. Case-Laws Income Tax Wed, 25 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331480