https://www.taxtmi.com/caselaws?id=414780 The Tribunal partly allowed the assessee's appeals and dismissed the revenue's appeals. The Tribunal concluded that the assessment for AY 2016-17 should have been framed under section 153C, the additions made on account of undisclosed investment in construction were unsustainable, and the additions on account of unexplained cash received were rightly deleted by the CIT(A). The chargeability of interest under sections 234A and 234B was acknowledged as consequential and mandatory. en-us Mon, 04 Oct 2021 00:00:00 +0530 Wed, 17 Nov 2021 08:51:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414780 The Tribunal partly allowed the assessee's appeals and dismissed the revenue's appeals. The Tribunal concluded that the assessment for AY 2016-17 should have been framed under section 153C, the additions made on account of undisclosed investment in construction were unsustainable, and the additions on account of unexplained cash received were rightly deleted by the CIT(A). The chargeability of interest under sections 234A and 234B was acknowledged as consequential and mandatory. Case-Laws Income Tax Mon, 04 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414780