https://www.taxtmi.com/caselaws?id=233588 The Tribunal set aside the issue of disallowance of Share Application Money for specific adjudication by the CIT (A) regarding the addition of Rs. 25 lacs from M/s. Odyssey Corporation Limited. The appeal by the assessee was allowed for statistical purposes. The Tribunal dismissed the Revenue's appeal against the deletion of the Rs. 1 Cr addition involving M/s. D. Kumar Trading Company Limited, upholding the CIT (A) decision based on examination of identity, creditworthiness, and genuineness of the transaction. The confirmation of interest charged issue did not provide further details or outcome. en-us Wed, 01 May 2013 00:00:00 +0530 Tue, 07 May 2013 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233588 The Tribunal set aside the issue of disallowance of Share Application Money for specific adjudication by the CIT (A) regarding the addition of Rs. 25 lacs from M/s. Odyssey Corporation Limited. The appeal by the assessee was allowed for statistical purposes. The Tribunal dismissed the Revenue's appeal against the deletion of the Rs. 1 Cr addition involving M/s. D. Kumar Trading Company Limited, upholding the CIT (A) decision based on examination of identity, creditworthiness, and genuineness of the transaction. The confirmation of interest charged issue did not provide further details or outcome. Case-Laws Income Tax Wed, 01 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233588