https://www.taxtmi.com/caselaws?id=218038 The Income Tax Appellate Tribunal (ITAT) upheld the decisions of the Commissioner of Income-tax (Appeals) regarding additions and deletions in the assessment for the relevant year. The ITAT dismissed the Revenue's appeal challenging the deletion of an addition related to an unsecured loan and the assessee's Cross Objection contesting the addition of unexplained cash credit and capital. The ITAT found no fault in the decisions made by the Ld. CIT(A) based on the remand reports and lack of detailed explanations provided by the parties involved. en-us Thu, 24 May 2012 00:00:00 +0530 Fri, 02 Nov 2012 09:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218038 The Income Tax Appellate Tribunal (ITAT) upheld the decisions of the Commissioner of Income-tax (Appeals) regarding additions and deletions in the assessment for the relevant year. The ITAT dismissed the Revenue's appeal challenging the deletion of an addition related to an unsecured loan and the assessee's Cross Objection contesting the addition of unexplained cash credit and capital. The ITAT found no fault in the decisions made by the Ld. CIT(A) based on the remand reports and lack of detailed explanations provided by the parties involved. Case-Laws Income Tax Thu, 24 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218038