https://www.taxtmi.com/caselaws?id=366336 The ITAT upheld the CIT(A)'s decisions, deleting additions and penalties where income was taxed in Dr. M. V. Rao's hands. However, additions and penalties were upheld where the assessee failed to provide satisfactory explanations. The appeals were disposed of accordingly. en-us Thu, 30 Aug 2018 00:00:00 +0530 Sat, 01 Sep 2018 08:32:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366336 The ITAT upheld the CIT(A)'s decisions, deleting additions and penalties where income was taxed in Dr. M. V. Rao's hands. However, additions and penalties were upheld where the assessee failed to provide satisfactory explanations. The appeals were disposed of accordingly. Case-Laws Income Tax Thu, 30 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366336