https://www.taxtmi.com/caselaws?id=122111 The assessee's appeal in ITA No. 1061/Hyd./2008 was partly allowed, with the Tribunal ruling in favor of the assessee on certain grounds related to unexplained credits and low drawings. The revenue's appeals in ITA Nos. 1073 and 1074/Hyd./2008 were dismissed, upholding the decisions regarding granting exemption under section 54F and deletion of an addition as unexplained credit. en-us Fri, 27 Aug 2010 00:00:00 +0530 Fri, 08 Sep 2023 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122111 The assessee's appeal in ITA No. 1061/Hyd./2008 was partly allowed, with the Tribunal ruling in favor of the assessee on certain grounds related to unexplained credits and low drawings. The revenue's appeals in ITA Nos. 1073 and 1074/Hyd./2008 were dismissed, upholding the decisions regarding granting exemption under section 54F and deletion of an addition as unexplained credit. Case-Laws Income Tax Fri, 27 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122111