https://www.taxtmi.com/caselaws?id=66893 The Tribunal upheld the CIT(Appeals)'s decision in favor of the assessee, confirming the deletion of additions made on account of disallowance of bonus and interest payable to IDBI. Additionally, the Tribunal ruled that the additional tax charged under section 143(1A) of the Income-tax Act was not applicable to the exempted assessee, leading to the dismissal of the revenue's appeal. en-us Wed, 21 May 1997 00:00:00 +0530 Tue, 08 Mar 2011 10:26:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66893 The Tribunal upheld the CIT(Appeals)'s decision in favor of the assessee, confirming the deletion of additions made on account of disallowance of bonus and interest payable to IDBI. Additionally, the Tribunal ruled that the additional tax charged under section 143(1A) of the Income-tax Act was not applicable to the exempted assessee, leading to the dismissal of the revenue's appeal. Case-Laws Income Tax Wed, 21 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66893