https://www.taxtmi.com/caselaws?id=411180 The Tribunal allowed both appeals, overturning the additions made by the Assessing Officer and confirmed by the CIT(A). The Tribunal's detailed examination of the evidence and legal provisions led to the deletion of various additions, providing relief to the assessee in multiple aspects of the assessment. The additions related to gifts received, low household drawings, disallowance of interest on unsecured loans, and sundry creditors were all deleted by the Tribunal based on the evidence and arguments presented. en-us Fri, 06 Aug 2021 00:00:00 +0530 Thu, 19 Aug 2021 04:50:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411180 The Tribunal allowed both appeals, overturning the additions made by the Assessing Officer and confirmed by the CIT(A). The Tribunal's detailed examination of the evidence and legal provisions led to the deletion of various additions, providing relief to the assessee in multiple aspects of the assessment. The additions related to gifts received, low household drawings, disallowance of interest on unsecured loans, and sundry creditors were all deleted by the Tribunal based on the evidence and arguments presented. Case-Laws Income Tax Fri, 06 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411180