https://www.taxtmi.com/caselaws?id=295608 The Tribunal partly allowed the appeal for AY 2003-04 by deleting additions related to undisclosed interest income and negative cash balance. For AY 2005-06, the appeal was dismissed, with additions for unaccounted interest income, unaccounted investment in gold, and unexplained cash seized being deleted. The Tribunal remanded issues concerning unaccounted sales, unaccounted purchase of TT bars, and exchange fluctuation back to the AO for further verification and reconciliation. The AO was directed to decide these matters in accordance with the law after providing adequate opportunity to the assessee. en-us Fri, 09 Dec 2016 00:00:00 +0530 Fri, 11 Jun 2021 08:47:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295608 The Tribunal partly allowed the appeal for AY 2003-04 by deleting additions related to undisclosed interest income and negative cash balance. For AY 2005-06, the appeal was dismissed, with additions for unaccounted interest income, unaccounted investment in gold, and unexplained cash seized being deleted. The Tribunal remanded issues concerning unaccounted sales, unaccounted purchase of TT bars, and exchange fluctuation back to the AO for further verification and reconciliation. The AO was directed to decide these matters in accordance with the law after providing adequate opportunity to the assessee. Case-Laws Income Tax Fri, 09 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295608