https://www.taxtmi.com/caselaws?id=356338 The Tribunal partially allowed the appeal, granting credit for Rs. 2,00,000 to the appellant, reducing the total addition to Rs. 3,50,360 from the initial Rs. 5,50,360. The decision emphasized the significance of credible evidence and accurate documentation in tax assessments, recognizing the VDIS declaration and cash withdrawals to adjust the deficit in cash deposits with the firm. en-us Fri, 23 Feb 2018 00:00:00 +0530 Thu, 01 Mar 2018 07:40:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356338 The Tribunal partially allowed the appeal, granting credit for Rs. 2,00,000 to the appellant, reducing the total addition to Rs. 3,50,360 from the initial Rs. 5,50,360. The decision emphasized the significance of credible evidence and accurate documentation in tax assessments, recognizing the VDIS declaration and cash withdrawals to adjust the deficit in cash deposits with the firm. Case-Laws Income Tax Fri, 23 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356338