https://www.taxtmi.com/caselaws?id=351430 The Tribunal partially allowed the appeals by condoning the delay in filing, directing the deletion of additions under Sections 56(2)(vi) and 68, treating consultancy receipts as business income with a 20% profit estimate, and upholding the additions of unexplained cash credit and interest income from fixed deposits. en-us Fri, 17 Nov 2017 00:00:00 +0530 Fri, 24 Nov 2017 10:35:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351430 The Tribunal partially allowed the appeals by condoning the delay in filing, directing the deletion of additions under Sections 56(2)(vi) and 68, treating consultancy receipts as business income with a 20% profit estimate, and upholding the additions of unexplained cash credit and interest income from fixed deposits. Case-Laws Income Tax Fri, 17 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351430