https://www.taxtmi.com/caselaws?id=274220 The Tribunal allowed the appeals in part, deleting additions for undisclosed income and machinery purchase. The interest liability under sections 234B and 234C was to be recalculated after adjusting seized cash from the date of authorization. The Tribunal found the assessees' explanations reasonable and cited relevant case law to support its decision. en-us Fri, 22 Jan 2016 00:00:00 +0530 Fri, 03 Aug 2018 07:56:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274220 The Tribunal allowed the appeals in part, deleting additions for undisclosed income and machinery purchase. The interest liability under sections 234B and 234C was to be recalculated after adjusting seized cash from the date of authorization. The Tribunal found the assessees' explanations reasonable and cited relevant case law to support its decision. Case-Laws Income Tax Fri, 22 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274220