https://www.taxtmi.com/caselaws?id=283665 The ITAT upheld the deletion of the protective addition in the hands of the individual regarding the Rs. 3 Crores cash found at the airport, as the substantive addition in the company's hands was confirmed. The ITAT also allowed deductions for eligible flats in the Manasarovar Heights project but upheld the disallowance for Sai Sagar Heights under Section 80-IB(10). Additionally, the ITAT accepted the assessee's explanation for cash payments due to dishonored cheques, deleting the disallowance under Section 40A(3). The ITAT further upheld the deletion of the addition made on account of 10% of direct and indirect expenditure and the determination of income from house property based on previous ITAT orders. en-us Fri, 11 Jan 2019 00:00:00 +0530 Sat, 05 Oct 2019 06:43:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283665 The ITAT upheld the deletion of the protective addition in the hands of the individual regarding the Rs. 3 Crores cash found at the airport, as the substantive addition in the company's hands was confirmed. The ITAT also allowed deductions for eligible flats in the Manasarovar Heights project but upheld the disallowance for Sai Sagar Heights under Section 80-IB(10). Additionally, the ITAT accepted the assessee's explanation for cash payments due to dishonored cheques, deleting the disallowance under Section 40A(3). The ITAT further upheld the deletion of the addition made on account of 10% of direct and indirect expenditure and the determination of income from house property based on previous ITAT orders. Case-Laws Income Tax Fri, 11 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283665