https://www.taxtmi.com/caselaws?id=246080 The Tribunal partially allowed the Assessee's appeal and dismissed the Revenue's appeal. Various additions made by the AO were deleted by the Tribunal, emphasizing the need for proper evidence and satisfaction before disallowing expenses under the Income Tax Act. The Tribunal also differentiated between capital gains and business income, providing relief to the Assessee on certain disputed amounts. en-us Fri, 13 Sep 2013 00:00:00 +0530 Sun, 25 May 2014 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246080 The Tribunal partially allowed the Assessee's appeal and dismissed the Revenue's appeal. Various additions made by the AO were deleted by the Tribunal, emphasizing the need for proper evidence and satisfaction before disallowing expenses under the Income Tax Act. The Tribunal also differentiated between capital gains and business income, providing relief to the Assessee on certain disputed amounts. Case-Laws Income Tax Fri, 13 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246080