https://www.taxtmi.com/caselaws?id=222117 The appeal was made against the CIT(A)-IV, Hyderabad's order, which upheld additions under sections 41(1) and 68 of the IT Act. The CIT(A) confirmed certain additions but dismissed others. The ITAT remitted the issues back to the CIT(A) for fresh consideration based on legal precedents and provisions, allowing reconciliation of accounts. The ITAT partly allowed the appeal for statistical purposes, directing a reevaluation of certain aspects. en-us Fri, 15 Feb 2013 00:00:00 +0530 Mon, 15 Apr 2013 11:43:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=222117 The appeal was made against the CIT(A)-IV, Hyderabad's order, which upheld additions under sections 41(1) and 68 of the IT Act. The CIT(A) confirmed certain additions but dismissed others. The ITAT remitted the issues back to the CIT(A) for fresh consideration based on legal precedents and provisions, allowing reconciliation of accounts. The ITAT partly allowed the appeal for statistical purposes, directing a reevaluation of certain aspects. Case-Laws Income Tax Fri, 15 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=222117