https://www.taxtmi.com/caselaws?id=283940 The Tribunal confirmed the addition of Rs. 44,50,000/- as unexplained cash but directed to exclude this amount from the total sales declared by the assessee to prevent double addition. Additionally, the Tribunal upheld the enhancement of income by Rs. 74,57,230/-, treating losses from derivative transactions as speculative and not eligible for setoff against other business income. The appeal of the assessee was dismissed in the final order pronounced on 20th Sept., 2018. en-us Thu, 20 Sep 2018 00:00:00 +0530 Tue, 22 Oct 2019 07:31:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283940 The Tribunal confirmed the addition of Rs. 44,50,000/- as unexplained cash but directed to exclude this amount from the total sales declared by the assessee to prevent double addition. Additionally, the Tribunal upheld the enhancement of income by Rs. 74,57,230/-, treating losses from derivative transactions as speculative and not eligible for setoff against other business income. The appeal of the assessee was dismissed in the final order pronounced on 20th Sept., 2018. Case-Laws Income Tax Thu, 20 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283940