https://www.taxtmi.com/caselaws?id=259887 The Tribunal partly allowed the Revenue's appeal and the assessee's cross-objection. The addition of Rs. 5,00,000 from Prime Vyapar Pvt. Ltd. was confirmed, while other additions were deleted. The disallowance under Section 14A was also deleted. The Tribunal stressed the importance of concrete evidence and thorough investigation to support adverse inferences. en-us Fri, 10 Oct 2014 00:00:00 +0530 Mon, 25 May 2015 08:15:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259887 The Tribunal partly allowed the Revenue's appeal and the assessee's cross-objection. The addition of Rs. 5,00,000 from Prime Vyapar Pvt. Ltd. was confirmed, while other additions were deleted. The disallowance under Section 14A was also deleted. The Tribunal stressed the importance of concrete evidence and thorough investigation to support adverse inferences. Case-Laws Income Tax Fri, 10 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259887