https://www.taxtmi.com/caselaws?id=262967 The Tribunal dismissed the Revenue's appeal regarding the addition under Section 68 of the Income Tax Act, noting the failure to verify the genuineness of the transactions and creditworthiness of the creditors. An additional ground on the capitalization of interest was allowed for fresh adjudication by the AO. The issue of vacancy allowance was also restored to the AO for proper verification. The order was pronounced on 14.8.2015. en-us Fri, 14 Aug 2015 00:00:00 +0530 Mon, 24 Aug 2015 09:05:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262967 The Tribunal dismissed the Revenue's appeal regarding the addition under Section 68 of the Income Tax Act, noting the failure to verify the genuineness of the transactions and creditworthiness of the creditors. An additional ground on the capitalization of interest was allowed for fresh adjudication by the AO. The issue of vacancy allowance was also restored to the AO for proper verification. The order was pronounced on 14.8.2015. Case-Laws Income Tax Fri, 14 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262967