https://www.taxtmi.com/caselaws?id=307170 The Tribunal partially allowed the appeal for Assessment Year 2006-07 by deleting an addition of Rs. 12,50,000 and sustaining Rs. 20,64,000. For Assessment Year 2007-08, the Tribunal allowed the appeal by deleting an addition of Rs. 28,49,960. The Tribunal emphasized that the assessee is not obligated to prove the source of the source for advances received, in line with established legal principles. en-us Fri, 27 Oct 2017 00:00:00 +0530 Thu, 23 Mar 2023 20:40:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307170 The Tribunal partially allowed the appeal for Assessment Year 2006-07 by deleting an addition of Rs. 12,50,000 and sustaining Rs. 20,64,000. For Assessment Year 2007-08, the Tribunal allowed the appeal by deleting an addition of Rs. 28,49,960. The Tribunal emphasized that the assessee is not obligated to prove the source of the source for advances received, in line with established legal principles. Case-Laws Income Tax Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307170