https://www.taxtmi.com/caselaws?id=288856 The Tribunal upheld the assessments made under Section 153A read with Section 143(3) of the Income Tax Act for the years 2006-07 to 2010-11. However, it ruled in favor of the assessee regarding additions made on account of unexplained cash received, unexplained foreign expenditure under Section 69C, and undisclosed investment under Section 69B. The Tribunal deleted the additions for Assessment Year 2006-07 and granted relief for incorrect application of package rates for foreign expenditure in subsequent years, ultimately partly allowing the appeals for Assessment Years 2007-08 to 2010-11. en-us Thu, 24 Oct 2019 00:00:00 +0530 Fri, 03 Jul 2020 08:21:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288856 The Tribunal upheld the assessments made under Section 153A read with Section 143(3) of the Income Tax Act for the years 2006-07 to 2010-11. However, it ruled in favor of the assessee regarding additions made on account of unexplained cash received, unexplained foreign expenditure under Section 69C, and undisclosed investment under Section 69B. The Tribunal deleted the additions for Assessment Year 2006-07 and granted relief for incorrect application of package rates for foreign expenditure in subsequent years, ultimately partly allowing the appeals for Assessment Years 2007-08 to 2010-11. Case-Laws Income Tax Thu, 24 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288856