https://www.taxtmi.com/caselaws?id=397560 The Tribunal partly allowed the assessee's appeal, upholding some additions while deleting others based on the evidence and explanations provided. The order was pronounced on 5th March 2020. The addition of Rs. 9,000 for dividend income from Osmania Chit Fund was upheld. The addition of Rs. 1,75,052 for commission received was reduced to Rs. 1,54,172. The addition of Rs. 10 lakhs for bank deposits was deleted, accepting the legitimate source of deposit. The disallowance of Rs. 1,52,596 for foreign tour expenses was upheld due to lack of substantiating evidence. en-us Thu, 05 Mar 2020 00:00:00 +0530 Sat, 22 Aug 2020 11:37:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397560 The Tribunal partly allowed the assessee's appeal, upholding some additions while deleting others based on the evidence and explanations provided. The order was pronounced on 5th March 2020. The addition of Rs. 9,000 for dividend income from Osmania Chit Fund was upheld. The addition of Rs. 1,75,052 for commission received was reduced to Rs. 1,54,172. The addition of Rs. 10 lakhs for bank deposits was deleted, accepting the legitimate source of deposit. The disallowance of Rs. 1,52,596 for foreign tour expenses was upheld due to lack of substantiating evidence. Case-Laws Income Tax Thu, 05 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397560