https://www.taxtmi.com/caselaws?id=292154 The Tribunal partly allowed the assessee's appeals, confirming some additions while deleting others. The additions of unexplained cash credits and undisclosed income from loans were upheld, as the assessee failed to provide adequate explanations. However, the additions related to unexplained cash credit u/s 68 and undisclosed income from gifts were deleted due to proper documentation and compliance with legal requirements. The addition of an unexplained loan from a bank was also rejected as it had been repaid in the previous assessment year. The order was pronounced on 21-06-2013. en-us Fri, 21 Jun 2013 00:00:00 +0530 Tue, 08 Dec 2020 15:03:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292154 The Tribunal partly allowed the assessee's appeals, confirming some additions while deleting others. The additions of unexplained cash credits and undisclosed income from loans were upheld, as the assessee failed to provide adequate explanations. However, the additions related to unexplained cash credit u/s 68 and undisclosed income from gifts were deleted due to proper documentation and compliance with legal requirements. The addition of an unexplained loan from a bank was also rejected as it had been repaid in the previous assessment year. The order was pronounced on 21-06-2013. Case-Laws Income Tax Fri, 21 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292154