https://www.taxtmi.com/caselaws?id=344246 The appeals for assessment years 2005-06, 2006-07, and 2008-09 were allowed, setting aside the additions made by the Assessing Officer. For assessment year 2009-10, the appeal was partly allowed, upholding the addition of Rs. 5,00,000/- as unexplained cash credit, restricting the 'deemed dividend' addition to Rs. 1,50,000/-, and deleting the adhoc disallowance of expenses. The stay applications were dismissed as infructuous. en-us Wed, 31 May 2017 00:00:00 +0530 Tue, 13 Jun 2017 06:34:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344246 The appeals for assessment years 2005-06, 2006-07, and 2008-09 were allowed, setting aside the additions made by the Assessing Officer. For assessment year 2009-10, the appeal was partly allowed, upholding the addition of Rs. 5,00,000/- as unexplained cash credit, restricting the 'deemed dividend' addition to Rs. 1,50,000/-, and deleting the adhoc disallowance of expenses. The stay applications were dismissed as infructuous. Case-Laws Income Tax Wed, 31 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344246