https://www.taxtmi.com/caselaws?id=439711 The Appellate Tribunal allowed the appeal for assessment year 2015-16 by directing the deletion of the Rs. 1 crore addition as unexplained investments made in cash, after establishing the legitimate source of the cash payment. For assessment year 2016-17, the Tribunal partly allowed the appeal by granting deductions for expenses directly linked to the property transfer while disallowing unrelated costs, providing relief to the assessee in terms of valid expense deductions. en-us Wed, 28 Jun 2023 00:00:00 +0530 Thu, 29 Jun 2023 17:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439711 The Appellate Tribunal allowed the appeal for assessment year 2015-16 by directing the deletion of the Rs. 1 crore addition as unexplained investments made in cash, after establishing the legitimate source of the cash payment. For assessment year 2016-17, the Tribunal partly allowed the appeal by granting deductions for expenses directly linked to the property transfer while disallowing unrelated costs, providing relief to the assessee in terms of valid expense deductions. Case-Laws Income Tax Wed, 28 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439711