https://www.taxtmi.com/caselaws?id=259100 The Income Tax Appellate Tribunal's decisions in favor of the assessee were upheld by the Court. The additions made by the Assessing Officer on various accounts including Hundi Discounting charges, transfer of assets to a subsidiary company, notional interest, and expenses on brokerage and commission were all deleted. The Court emphasized consistency, past treatment, and lack of new grounds for appeal, ultimately ruling in favor of the assessee and dismissing the appeal against the Revenue. en-us Thu, 16 Apr 2015 00:00:00 +0530 Wed, 04 May 2016 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259100 The Income Tax Appellate Tribunal's decisions in favor of the assessee were upheld by the Court. The additions made by the Assessing Officer on various accounts including Hundi Discounting charges, transfer of assets to a subsidiary company, notional interest, and expenses on brokerage and commission were all deleted. The Court emphasized consistency, past treatment, and lack of new grounds for appeal, ultimately ruling in favor of the assessee and dismissing the appeal against the Revenue. Case-Laws Income Tax Thu, 16 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259100