https://www.taxtmi.com/caselaws?id=379031 The tribunal allowed the assessee's appeals for A.Ys 2007-08 to 2010-11 for unaccounted cash receipts and unexplained money, directing verification of entries and correction of errors. Disallowance under Section 14A was dismissed as no exempt income was earned. An addition of Rs. 8 crores as unexplained cash credit under Section 68 was deleted, pending verification of business-related transactions. Additions based on impounded documents during survey were deleted as they belonged to an employee, not the company. The appeals' outcomes varied for different assessment years, with some allowed for statistical purposes and others dismissed. en-us Mon, 22 Apr 2019 00:00:00 +0530 Thu, 25 Apr 2019 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379031 The tribunal allowed the assessee's appeals for A.Ys 2007-08 to 2010-11 for unaccounted cash receipts and unexplained money, directing verification of entries and correction of errors. Disallowance under Section 14A was dismissed as no exempt income was earned. An addition of Rs. 8 crores as unexplained cash credit under Section 68 was deleted, pending verification of business-related transactions. Additions based on impounded documents during survey were deleted as they belonged to an employee, not the company. The appeals' outcomes varied for different assessment years, with some allowed for statistical purposes and others dismissed. Case-Laws Income Tax Mon, 22 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379031