https://www.taxtmi.com/caselaws?id=431466 The Tribunal upheld the Commissioner of Income Tax (Appeals) [CIT(A)]'s decisions on various issues, including the correct computation of long-term capital gains on the sale of immovable property, additions of interest income from banks, unexplained cash deposits in bank accounts, short-term capital gains on mutual funds, and penalty proceedings under section 271(1)(c) of the Income Tax Act. The penalty of Rs. 18,36,849/- was confirmed, and the Tribunal dismissed the assessee's appeals, affirming the CIT(A)'s orders. The judgment was delivered on 12-12-2022. en-us Mon, 12 Dec 2022 00:00:00 +0530 Wed, 14 Dec 2022 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431466 The Tribunal upheld the Commissioner of Income Tax (Appeals) [CIT(A)]'s decisions on various issues, including the correct computation of long-term capital gains on the sale of immovable property, additions of interest income from banks, unexplained cash deposits in bank accounts, short-term capital gains on mutual funds, and penalty proceedings under section 271(1)(c) of the Income Tax Act. The penalty of Rs. 18,36,849/- was confirmed, and the Tribunal dismissed the assessee's appeals, affirming the CIT(A)'s orders. The judgment was delivered on 12-12-2022. Case-Laws Income Tax Mon, 12 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431466