https://www.taxtmi.com/caselaws?id=443797 The Tribunal partially allowed the appeal, directing the Assessing Officer to delete additions for unexplained cash deposits and capital introduction as the assessee could explain the source from partnership share and rental income. Additionally, the Tribunal upheld the addition for some unexplained gold jewellery but allowed relief for a portion recognized as family-owned. The Tribunal also directed the deletion of a portion of unaccounted cash found during the search, acknowledging the credible explanation for partnership firm's cash but upholding the addition for the remaining unexplained amount. en-us Wed, 12 Jul 2023 00:00:00 +0530 Fri, 29 Sep 2023 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443797 The Tribunal partially allowed the appeal, directing the Assessing Officer to delete additions for unexplained cash deposits and capital introduction as the assessee could explain the source from partnership share and rental income. Additionally, the Tribunal upheld the addition for some unexplained gold jewellery but allowed relief for a portion recognized as family-owned. The Tribunal also directed the deletion of a portion of unaccounted cash found during the search, acknowledging the credible explanation for partnership firm's cash but upholding the addition for the remaining unexplained amount. Case-Laws Income Tax Wed, 12 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443797