https://www.taxtmi.com/caselaws?id=295692 The Tribunal dismissed all departmental appeals and allowed the assessee's appeals in a case involving disallowance of vehicle running expenses and depreciation, discrepancies in trial balances, disallowance of salary to the Chairman, addition based on seized diary notings, and unexplained cash credits. The Tribunal emphasized the need for corroborative evidence and proper reconciliation, finding the Assessing Officer's actions largely unjustified. en-us Mon, 28 Sep 2015 00:00:00 +0530 Wed, 16 Jun 2021 10:35:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295692 The Tribunal dismissed all departmental appeals and allowed the assessee's appeals in a case involving disallowance of vehicle running expenses and depreciation, discrepancies in trial balances, disallowance of salary to the Chairman, addition based on seized diary notings, and unexplained cash credits. The Tribunal emphasized the need for corroborative evidence and proper reconciliation, finding the Assessing Officer's actions largely unjustified. Case-Laws Income Tax Mon, 28 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295692