https://www.taxtmi.com/caselaws?id=190528 The Tribunal partly allowed the assessee's appeal by deleting additions of Rs. 23,05,500/- and Rs. 35,057/- for unexplained creditors and interest paid, respectively. The disallowance of car expenses, car depreciation, and telephone expenses was reduced to Rs. 10,000/-. The Tribunal found the assessee had provided sufficient evidence to prove the genuineness of transactions and had already made significant additions to expenses, resulting in the favorable outcome for the assessee. en-us Tue, 19 Jul 2016 00:00:00 +0530 Sat, 18 Feb 2017 10:17:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190528 The Tribunal partly allowed the assessee's appeal by deleting additions of Rs. 23,05,500/- and Rs. 35,057/- for unexplained creditors and interest paid, respectively. The disallowance of car expenses, car depreciation, and telephone expenses was reduced to Rs. 10,000/-. The Tribunal found the assessee had provided sufficient evidence to prove the genuineness of transactions and had already made significant additions to expenses, resulting in the favorable outcome for the assessee. Case-Laws Income Tax Tue, 19 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190528