https://www.taxtmi.com/caselaws?id=278856 The Tribunal partly allowed the appeal filed by the assessee. The delay in filing the appeal was condoned due to custodian-related issues. The addition of Rs. 3.90 lakhs based on a declaration under section 132(4) was deleted as it was an estimate, not additional income. The unexplained credit of Rs. 3,44,500/- was remanded for fresh adjudication as relevant documents were not considered. The interest liability was to be recomputed after adjusting the tax liability at source, following previous decisions. en-us Tue, 05 May 2015 00:00:00 +0530 Sat, 23 Feb 2019 08:47:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278856 The Tribunal partly allowed the appeal filed by the assessee. The delay in filing the appeal was condoned due to custodian-related issues. The addition of Rs. 3.90 lakhs based on a declaration under section 132(4) was deleted as it was an estimate, not additional income. The unexplained credit of Rs. 3,44,500/- was remanded for fresh adjudication as relevant documents were not considered. The interest liability was to be recomputed after adjusting the tax liability at source, following previous decisions. Case-Laws Income Tax Tue, 05 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278856