https://www.taxtmi.com/caselaws?id=354501 The Tribunal partly allowed the appeal, confirming the disallowance of the deduction under Section 54F and the addition of Rs. 20.00 lakhs under Section 68, while accepting the source for Rs. 6.00 lakhs. The judgment highlights the necessity of providing conclusive evidence and adhering to statutory conditions for tax exemptions and explaining cash deposits. en-us Thu, 25 Jan 2018 00:00:00 +0530 Tue, 30 Jan 2018 11:37:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354501 The Tribunal partly allowed the appeal, confirming the disallowance of the deduction under Section 54F and the addition of Rs. 20.00 lakhs under Section 68, while accepting the source for Rs. 6.00 lakhs. The judgment highlights the necessity of providing conclusive evidence and adhering to statutory conditions for tax exemptions and explaining cash deposits. Case-Laws Income Tax Thu, 25 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354501