https://www.taxtmi.com/caselaws?id=397175 The Tribunal adjusted the income estimation to 2% of the credit entries, remitting the issues of unexplained cash deposits and loans from family members back to the Assessing Officer for re-examination. The Tribunal found the evidence provided insufficient, directing the Assessing Officer to verify the details and creditworthiness of the transactions. The appeals were partly allowed for statistical purposes, with instructions for further assessment based on the findings. en-us Mon, 15 Jun 2020 00:00:00 +0530 Fri, 07 Aug 2020 07:35:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397175 The Tribunal adjusted the income estimation to 2% of the credit entries, remitting the issues of unexplained cash deposits and loans from family members back to the Assessing Officer for re-examination. The Tribunal found the evidence provided insufficient, directing the Assessing Officer to verify the details and creditworthiness of the transactions. The appeals were partly allowed for statistical purposes, with instructions for further assessment based on the findings. Case-Laws Income Tax Mon, 15 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397175