https://www.taxtmi.com/caselaws?id=192908 The tribunal set aside the lower authorities' orders and deleted the addition of Rs. 3,46,000 in the hands of the assessee firm, allowing the appeal. The decision emphasized the importance of establishing the source of funds in partnership firms and the impact of individual partner assessments on firm-level additions. Proper record-keeping and compliance with tax laws were highlighted to avoid unwarranted additions to a firm's income. en-us Wed, 14 Sep 2016 00:00:00 +0530 Sat, 01 Jul 2017 18:32:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192908 The tribunal set aside the lower authorities' orders and deleted the addition of Rs. 3,46,000 in the hands of the assessee firm, allowing the appeal. The decision emphasized the importance of establishing the source of funds in partnership firms and the impact of individual partner assessments on firm-level additions. Proper record-keeping and compliance with tax laws were highlighted to avoid unwarranted additions to a firm's income. Case-Laws Income Tax Wed, 14 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192908