https://www.taxtmi.com/caselaws?id=260633 The Revenue's appeals against the orders of the First Appellate Authority for AY 2006-07 and AY 2007-08 were dismissed. The disputes centered on discrepancies in income assessment, unsecured loans, debentures, and payments to creditors. The First Appellate Authority found the payments genuine for land consolidation, not subject to certain provisions. The decisions were supported by precedents, leading to the dismissal of the Revenue's appeals. en-us Wed, 20 May 2015 00:00:00 +0530 Fri, 19 Jun 2015 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260633 The Revenue's appeals against the orders of the First Appellate Authority for AY 2006-07 and AY 2007-08 were dismissed. The disputes centered on discrepancies in income assessment, unsecured loans, debentures, and payments to creditors. The First Appellate Authority found the payments genuine for land consolidation, not subject to certain provisions. The decisions were supported by precedents, leading to the dismissal of the Revenue's appeals. Case-Laws Income Tax Wed, 20 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260633