https://www.taxtmi.com/caselaws?id=187259 The Department's appeal was dismissed, and the assessee's appeal was partly allowed. The Tribunal found that the additions related to undisclosed income from deposits in the daughters' bank accounts, interest income on bank deposits, foreign remittances, and unexplained marriage expenses were rightly deleted by the CIT(A) due to lack of evidence. The Tribunal also rejected the theory of daughters being benamidars of the assessee. However, additions concerning deposits in the wife's bank account were confirmed, while the issue of deposits in another individual's name was remitted for fresh decision. Additionally, the addition on household items was partially upheld. en-us Fri, 02 Mar 2007 00:00:00 +0530 Sat, 15 Oct 2016 18:29:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187259 The Department's appeal was dismissed, and the assessee's appeal was partly allowed. The Tribunal found that the additions related to undisclosed income from deposits in the daughters' bank accounts, interest income on bank deposits, foreign remittances, and unexplained marriage expenses were rightly deleted by the CIT(A) due to lack of evidence. The Tribunal also rejected the theory of daughters being benamidars of the assessee. However, additions concerning deposits in the wife's bank account were confirmed, while the issue of deposits in another individual's name was remitted for fresh decision. Additionally, the addition on household items was partially upheld. Case-Laws Income Tax Fri, 02 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187259