https://www.taxtmi.com/caselaws?id=311262 The CIT (A) confirmed several additions for unexplained income and disallowed interest claims across various assessment years, emphasizing the lack of credible evidence from the assessee. For A.Y. 1993-94, additions for share application money and deposits were upheld, with some matters remitted to the AO for further verification. Similar actions were taken for A.Y. 1994-95 and A.Y. 1996-97, with additions confirmed and issues remitted for enquiry. Interest charges under sections 234A, 234B, and 244A were deemed mandatory. Appeals for A.Ys 1993-94 and 1996-97 were partly allowed, while the appeal for A.Y. 1994-95 was allowed for statistical purposes. en-us Tue, 28 Feb 2012 00:00:00 +0530 Mon, 08 Jan 2024 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311262 The CIT (A) confirmed several additions for unexplained income and disallowed interest claims across various assessment years, emphasizing the lack of credible evidence from the assessee. For A.Y. 1993-94, additions for share application money and deposits were upheld, with some matters remitted to the AO for further verification. Similar actions were taken for A.Y. 1994-95 and A.Y. 1996-97, with additions confirmed and issues remitted for enquiry. Interest charges under sections 234A, 234B, and 244A were deemed mandatory. Appeals for A.Ys 1993-94 and 1996-97 were partly allowed, while the appeal for A.Y. 1994-95 was allowed for statistical purposes. Case-Laws Income Tax Tue, 28 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311262