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    <title>2022 (4) TMI 149 - ITAT BANGALORE</title>
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    <description>The Tribunal partly allowed the appeals by the appellant. The additions of Rs. 4,00,00,000 as unexplained cash payments and Rs. 16,58,250 as unexplained cash were upheld. However, the addition of Rs. 36,03,938 as unexplained jewelry was deleted. The issue of Rs. 30,00,000 as unexplained cash credits was remanded back to the Assessing Officer for further verification. The levy of interest under sections 234A, 234B, and 234C was noted as consequential.</description>
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      <link>https://www.taxtmi.com/caselaws?id=420483</link>
      <description>The Tribunal partly allowed the appeals by the appellant. The additions of Rs. 4,00,00,000 as unexplained cash payments and Rs. 16,58,250 as unexplained cash were upheld. However, the addition of Rs. 36,03,938 as unexplained jewelry was deleted. The issue of Rs. 30,00,000 as unexplained cash credits was remanded back to the Assessing Officer for further verification. The levy of interest under sections 234A, 234B, and 234C was noted as consequential.</description>
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