https://www.taxtmi.com/caselaws?id=308514 The Tribunal upheld the disallowance of Rs. 15,28,270/- for unsubstantiated embezzlement claims and the addition of Rs. 1,78,77,487/- due to discrepancies in Form 26AS and the books of account. The appeal by the assessee was dismissed, emphasizing the importance of proper substantiation and reconciliation in financial records. The levy of interest under sections 234A, 234B, and 234C was not extensively addressed in the judgment. en-us Fri, 20 May 2016 00:00:00 +0530 Fri, 30 Jun 2023 21:33:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308514 The Tribunal upheld the disallowance of Rs. 15,28,270/- for unsubstantiated embezzlement claims and the addition of Rs. 1,78,77,487/- due to discrepancies in Form 26AS and the books of account. The appeal by the assessee was dismissed, emphasizing the importance of proper substantiation and reconciliation in financial records. The levy of interest under sections 234A, 234B, and 234C was not extensively addressed in the judgment. Case-Laws Income Tax Fri, 20 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308514