https://www.taxtmi.com/caselaws?id=405978 The Tribunal partly allowed the appeal, directing the deletion of additions under Section 50C of the Income Tax Act due to retrospective application of amendments, and verification for unexplained cash deposits under Section 68. The addition for low withdrawal of household expenses was partly confirmed, with adjustments made based on estimated reasonable expenses. The order was pronounced on 02/03/2021 at Ahmedabad. en-us Tue, 02 Mar 2021 00:00:00 +0530 Sat, 03 Apr 2021 08:43:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405978 The Tribunal partly allowed the appeal, directing the deletion of additions under Section 50C of the Income Tax Act due to retrospective application of amendments, and verification for unexplained cash deposits under Section 68. The addition for low withdrawal of household expenses was partly confirmed, with adjustments made based on estimated reasonable expenses. The order was pronounced on 02/03/2021 at Ahmedabad. Case-Laws Income Tax Tue, 02 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405978