https://www.taxtmi.com/caselaws?id=398458 The Tribunal allowed the appeal in part. The addition of Rs. 3,51,470/- for unaccounted cash was deleted, as the cash found was reconciled with the books of accounts and did not belong to the assessee. However, the addition of Rs. 18,315/- for disallowance of interest on late TDS deposit was upheld, following precedent that such interest is not a deductible business expenditure. The order was pronounced on 01/09/2020. en-us Tue, 01 Sep 2020 00:00:00 +0530 Wed, 16 Sep 2020 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398458 The Tribunal allowed the appeal in part. The addition of Rs. 3,51,470/- for unaccounted cash was deleted, as the cash found was reconciled with the books of accounts and did not belong to the assessee. However, the addition of Rs. 18,315/- for disallowance of interest on late TDS deposit was upheld, following precedent that such interest is not a deductible business expenditure. The order was pronounced on 01/09/2020. Case-Laws Income Tax Tue, 01 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398458