https://www.taxtmi.com/caselaws?id=433694 The Tribunal allowed the appeal in part. It ruled in favor of the assessee, deleting the addition made under section 68 concerning unexplained cash credit. The Tribunal found the provided documents authentic, proving the advances were for the purchase of flats. However, the disallowance of deduction for dividend income was upheld, as tax-exempt income could not be claimed again as a benefit. The judgment was pronounced on 06/02/2023 by the Tribunal. en-us Mon, 06 Feb 2023 00:00:00 +0530 Tue, 07 Feb 2023 10:08:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433694 The Tribunal allowed the appeal in part. It ruled in favor of the assessee, deleting the addition made under section 68 concerning unexplained cash credit. The Tribunal found the provided documents authentic, proving the advances were for the purchase of flats. However, the disallowance of deduction for dividend income was upheld, as tax-exempt income could not be claimed again as a benefit. The judgment was pronounced on 06/02/2023 by the Tribunal. Case-Laws Income Tax Mon, 06 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433694