https://www.taxtmi.com/caselaws?id=308227 The Tribunal partly allowed both the assessee's and Revenue's appeals for Assessment Year 2004-05. For Assessment Year 2005-06, the Revenue's appeal was dismissed, and the assessee's appeal was partly allowed. The Tribunal upheld the deletion of unexplained cash credits for certain groups, disallowance of excessive payments made to relatives, and disallowance of personal use expenses. It also allowed a portion of brokerage/commission payments and directed the allowance of interest paid to genuine cash creditors. en-us Mon, 28 Feb 2011 00:00:00 +0530 Thu, 08 Jun 2023 13:19:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308227 The Tribunal partly allowed both the assessee's and Revenue's appeals for Assessment Year 2004-05. For Assessment Year 2005-06, the Revenue's appeal was dismissed, and the assessee's appeal was partly allowed. The Tribunal upheld the deletion of unexplained cash credits for certain groups, disallowance of excessive payments made to relatives, and disallowance of personal use expenses. It also allowed a portion of brokerage/commission payments and directed the allowance of interest paid to genuine cash creditors. Case-Laws Income Tax Mon, 28 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308227