https://www.taxtmi.com/caselaws?id=433372 The appeals for AY 1992-93 were partly allowed, and for AY 1993-94, they were fully allowed. The Tribunal provided detailed reasoning for each issue, considering the evidence and trade practices, and made adjustments accordingly. The additions related to unexplained cash found, unexplained investment in shares, unexplained bank deposits, cash deposits in the wife's bank account, brokerage income, hedging loss on sale of shares, unexplained investment in UTI Schemes, and unexplained investments and dividend income were either restricted or deleted based on the Tribunal's findings. en-us Tue, 13 Dec 2022 00:00:00 +0530 Sat, 28 Jan 2023 08:26:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433372 The appeals for AY 1992-93 were partly allowed, and for AY 1993-94, they were fully allowed. The Tribunal provided detailed reasoning for each issue, considering the evidence and trade practices, and made adjustments accordingly. The additions related to unexplained cash found, unexplained investment in shares, unexplained bank deposits, cash deposits in the wife's bank account, brokerage income, hedging loss on sale of shares, unexplained investment in UTI Schemes, and unexplained investments and dividend income were either restricted or deleted based on the Tribunal's findings. Case-Laws Income Tax Tue, 13 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433372