https://www.taxtmi.com/caselaws?id=287556 The Tribunal upheld the validity of the assessment under sections 153A and 143(3) of the Income-tax Act, 1961, allowing additions based on seized material. Unexplained cash credits and disallowed interest were upheld for the assessment year 2001-02. The addition of gifts as income from undisclosed sources was deleted for the years 2002-03 and 2003-04. The appeal for the assessment year 2006-07 regarding interest disallowance was not pressed. The Tribunal partly allowed the grievance on the closing stock of land for 2006-07 and remitted the treatment of agricultural income back for fresh consideration for 2006-07 and 2007-08. en-us Thu, 06 Jun 2013 00:00:00 +0530 Sat, 18 Apr 2020 13:51:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287556 The Tribunal upheld the validity of the assessment under sections 153A and 143(3) of the Income-tax Act, 1961, allowing additions based on seized material. Unexplained cash credits and disallowed interest were upheld for the assessment year 2001-02. The addition of gifts as income from undisclosed sources was deleted for the years 2002-03 and 2003-04. The appeal for the assessment year 2006-07 regarding interest disallowance was not pressed. The Tribunal partly allowed the grievance on the closing stock of land for 2006-07 and remitted the treatment of agricultural income back for fresh consideration for 2006-07 and 2007-08. Case-Laws Income Tax Thu, 06 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287556