https://www.taxtmi.com/caselaws?id=357759 The appeal was partly allowed for various assessment years. In A.Y. 2003-04, the addition under Section 68 for unexplained gifts was deleted. For A.Y. 2004-05, additions under Sections 68 and 23(4) were deleted, but the addition related to the tea/sugar business was upheld. In A.Y. 2005-06, additions under Sections 23(4) and for the tea/sugar business were deleted. In A.Y. 2006-07, the addition under Section 23(4) was deleted, and the addition for 'Goad Bharai Ceremony' expenditure was partly reduced. en-us Mon, 26 Mar 2018 00:00:00 +0530 Thu, 29 Mar 2018 13:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357759 The appeal was partly allowed for various assessment years. In A.Y. 2003-04, the addition under Section 68 for unexplained gifts was deleted. For A.Y. 2004-05, additions under Sections 68 and 23(4) were deleted, but the addition related to the tea/sugar business was upheld. In A.Y. 2005-06, additions under Sections 23(4) and for the tea/sugar business were deleted. In A.Y. 2006-07, the addition under Section 23(4) was deleted, and the addition for 'Goad Bharai Ceremony' expenditure was partly reduced. Case-Laws Income Tax Mon, 26 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357759