https://www.taxtmi.com/caselaws?id=295179 The Tribunal held that additions made by the Assessing Officer without incriminating material in unabated assessments were invalid. Additions based on low household withdrawals were deleted due to lack of evidence. Regarding investments in shares and loans, additions related to loans from Fair Plan Agency were deleted for lack of contrary evidence. Unsecured loans issue was remanded for further verification. The Tribunal partly allowed the assessee's appeals for some years and fully allowed for others. en-us Mon, 03 Aug 2020 00:00:00 +0530 Sat, 22 May 2021 08:24:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295179 The Tribunal held that additions made by the Assessing Officer without incriminating material in unabated assessments were invalid. Additions based on low household withdrawals were deleted due to lack of evidence. Regarding investments in shares and loans, additions related to loans from Fair Plan Agency were deleted for lack of contrary evidence. Unsecured loans issue was remanded for further verification. The Tribunal partly allowed the assessee's appeals for some years and fully allowed for others. Case-Laws Income Tax Mon, 03 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295179