https://www.taxtmi.com/caselaws?id=421874 The Tribunal allowed the assessee's appeal for the assessment year 2011-12, deleting the addition of Rs. 25,00,000 as unexplained cash loan. The Tribunal dismissed the Revenue's appeal for the assessment year 2014-15, upholding the deletion of Rs. 2,11,97,690 on account of unexplained expenditure. The judgments emphasized the need for corroborative evidence and the opportunity for cross-examination in such cases. en-us Mon, 02 May 2022 00:00:00 +0530 Wed, 04 May 2022 08:30:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421874 The Tribunal allowed the assessee's appeal for the assessment year 2011-12, deleting the addition of Rs. 25,00,000 as unexplained cash loan. The Tribunal dismissed the Revenue's appeal for the assessment year 2014-15, upholding the deletion of Rs. 2,11,97,690 on account of unexplained expenditure. The judgments emphasized the need for corroborative evidence and the opportunity for cross-examination in such cases. Case-Laws Income Tax Mon, 02 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421874