https://www.taxtmi.com/caselaws?id=388446 The Tribunal partially allowed the appellant's appeal, deleting a portion of the addition related to identified loans while confirming the remainder. The judgment emphasized the importance of substantiating the sources of cash deposits to avoid unexplained income assessments and highlighted the significance of providing concrete evidence to support claims and the impact of penalties under the Income Tax Act on related additions. en-us Wed, 16 Oct 2019 00:00:00 +0530 Fri, 15 Nov 2019 14:53:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388446 The Tribunal partially allowed the appellant's appeal, deleting a portion of the addition related to identified loans while confirming the remainder. The judgment emphasized the importance of substantiating the sources of cash deposits to avoid unexplained income assessments and highlighted the significance of providing concrete evidence to support claims and the impact of penalties under the Income Tax Act on related additions. Case-Laws Income Tax Wed, 16 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388446