https://www.taxtmi.com/caselaws?id=274675 The Tribunal reversed the CIT(A)'s deletions and allowed the Revenue's appeals, upholding the AO's additions regarding unsecured loans, interest expenses, and unexplained expenses due to incriminating evidence. The Tribunal confirmed the issuance of notices under Section 153A by the AO and directed that additions be limited to the peak loan amount outstanding during the relevant period. The assessee's cross-objections were partially allowed for statistical purposes. en-us Fri, 30 Dec 2011 00:00:00 +0530 Sun, 10 Dec 2023 19:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274675 The Tribunal reversed the CIT(A)'s deletions and allowed the Revenue's appeals, upholding the AO's additions regarding unsecured loans, interest expenses, and unexplained expenses due to incriminating evidence. The Tribunal confirmed the issuance of notices under Section 153A by the AO and directed that additions be limited to the peak loan amount outstanding during the relevant period. The assessee's cross-objections were partially allowed for statistical purposes. Case-Laws Income Tax Fri, 30 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274675