https://www.taxtmi.com/caselaws?id=357870 The Tribunal partially allowed the appeals, determining that the income declared was voluntary, the revised returns were valid, and the receipts could not be treated as unexplained investments. The disallowance of professional charges was upheld, and the interest levy was partially allowed. Penalties under section 271(1)(c) were deleted as the income declared was voluntary and not a case of concealment. en-us Mon, 26 Mar 2018 00:00:00 +0530 Sat, 02 Jun 2018 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357870 The Tribunal partially allowed the appeals, determining that the income declared was voluntary, the revised returns were valid, and the receipts could not be treated as unexplained investments. The disallowance of professional charges was upheld, and the interest levy was partially allowed. Penalties under section 271(1)(c) were deleted as the income declared was voluntary and not a case of concealment. Case-Laws Income Tax Mon, 26 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357870