https://www.taxtmi.com/caselaws?id=300813 The appellant's appeal was dismissed, and the lower authorities' decisions were upheld for all issues raised in the case. The Tribunal found discrepancies in the appellant's claims regarding cash deposits and denied exemption under Section 54F of the Act due to the appellant's wife already claiming exemption for the same property. The lack of evidence supporting transactions and failure to establish creditworthiness and genuineness of parties led to the affirmation of the lower authority's decisions. en-us Wed, 06 Feb 2019 00:00:00 +0530 Fri, 25 Feb 2022 20:51:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300813 The appellant's appeal was dismissed, and the lower authorities' decisions were upheld for all issues raised in the case. The Tribunal found discrepancies in the appellant's claims regarding cash deposits and denied exemption under Section 54F of the Act due to the appellant's wife already claiming exemption for the same property. The lack of evidence supporting transactions and failure to establish creditworthiness and genuineness of parties led to the affirmation of the lower authority's decisions. Case-Laws Income Tax Wed, 06 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300813