https://www.taxtmi.com/caselaws?id=378611 The Tribunal partly allowed the appeal, directing the deletion of most additions made by the AO, except for the unexplained advance to M/s. Status Enterprises. The Tribunal found in favor of the assessee on various issues, citing lack of conclusive evidence by the Revenue authorities and failure to verify returns and explanations provided, similar to cases involving the assessee's parents. Consequently, substantial additions towards undisclosed investments, cash deposits, pronotes, and advances were deleted, totaling a significant amount. en-us Thu, 28 Mar 2019 00:00:00 +0530 Thu, 18 Apr 2019 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378611 The Tribunal partly allowed the appeal, directing the deletion of most additions made by the AO, except for the unexplained advance to M/s. Status Enterprises. The Tribunal found in favor of the assessee on various issues, citing lack of conclusive evidence by the Revenue authorities and failure to verify returns and explanations provided, similar to cases involving the assessee's parents. Consequently, substantial additions towards undisclosed investments, cash deposits, pronotes, and advances were deleted, totaling a significant amount. Case-Laws Income Tax Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378611