https://www.taxtmi.com/caselaws?id=215703 The Tribunal upheld the decisions of the CIT(A) in admitting additional evidence under Rule 46A, deleting additions for demurrage paid to railways, unexplained additions to the capital account, and under Section 68 of the Income Tax Act, 1961. Additionally, the Tribunal supported the CIT(A)'s allowance of interest paid on non-business interest-free advances. The appeal of the Revenue and the cross-objection of the assessee were both dismissed. en-us Wed, 09 May 2012 00:00:00 +0530 Fri, 24 May 2013 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215703 The Tribunal upheld the decisions of the CIT(A) in admitting additional evidence under Rule 46A, deleting additions for demurrage paid to railways, unexplained additions to the capital account, and under Section 68 of the Income Tax Act, 1961. Additionally, the Tribunal supported the CIT(A)'s allowance of interest paid on non-business interest-free advances. The appeal of the Revenue and the cross-objection of the assessee were both dismissed. Case-Laws Income Tax Wed, 09 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215703