https://www.taxtmi.com/caselaws?id=409167 The Tribunal partly allowed the appeal, directing the adoption of a net profit rate on total bank deposits and overturning the addition of unexplained cash deposits. The judgment emphasized the importance of providing supporting documents to substantiate business activities and income sources in income tax assessments. en-us Thu, 24 Jun 2021 00:00:00 +0530 Thu, 01 Jul 2021 07:55:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409167 The Tribunal partly allowed the appeal, directing the adoption of a net profit rate on total bank deposits and overturning the addition of unexplained cash deposits. The judgment emphasized the importance of providing supporting documents to substantiate business activities and income sources in income tax assessments. Case-Laws Income Tax Thu, 24 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409167