https://www.taxtmi.com/caselaws?id=443131 The assessee's appeal was partly allowed as the Tribunal deleted additions on unsecured loans and factory maintenance expenses but upheld additions on electricity charges, vehicle maintenance expenses, insufficient drawings, and income from house property. The Tribunal found the assessee had proven the genuineness of certain transactions, leading to the deletion of substantial amounts. The Revenue's appeal was dismissed, affirming the Tribunal's decision on the assessed income for the relevant assessment year. en-us Wed, 13 Sep 2023 00:00:00 +0530 Sat, 16 Sep 2023 08:48:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443131 The assessee's appeal was partly allowed as the Tribunal deleted additions on unsecured loans and factory maintenance expenses but upheld additions on electricity charges, vehicle maintenance expenses, insufficient drawings, and income from house property. The Tribunal found the assessee had proven the genuineness of certain transactions, leading to the deletion of substantial amounts. The Revenue's appeal was dismissed, affirming the Tribunal's decision on the assessed income for the relevant assessment year. Case-Laws Income Tax Wed, 13 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443131