https://www.taxtmi.com/caselaws?id=428896 The Tribunal partly allowed the assessee's appeal for statistical purposes, directing verification and fresh adjudication on specific issues. The Tribunal upheld the initiation of proceedings under Section 147 and additions related to unexplained cash deposits and cheque transactions, pending verification of certain deposits' genuineness. The Tribunal dismissed the appeal regarding the disallowance under Rule 8D(2), aligning with the High Court's ruling. en-us Mon, 26 Sep 2022 00:00:00 +0530 Wed, 12 Oct 2022 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428896 The Tribunal partly allowed the assessee's appeal for statistical purposes, directing verification and fresh adjudication on specific issues. The Tribunal upheld the initiation of proceedings under Section 147 and additions related to unexplained cash deposits and cheque transactions, pending verification of certain deposits' genuineness. The Tribunal dismissed the appeal regarding the disallowance under Rule 8D(2), aligning with the High Court's ruling. Case-Laws Income Tax Mon, 26 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428896