https://www.taxtmi.com/caselaws?id=263606 The Tribunal upheld the Commissioner of Income Tax (Appeals) [CIT(A)]'s decision to restrict the addition under Section 68 of the Income Tax Act to Rs. 3,30,150 out of a total of Rs. 24,75,200. The Tribunal also upheld the CIT(A)'s proportionate disallowance of interest expenditure and handling of additional evidence, dismissing both the Revenue's appeal and the assessee's cross-objection. The order was pronounced on August 20, 2015, at Ahmedabad. en-us Thu, 20 Aug 2015 00:00:00 +0530 Mon, 07 Sep 2015 07:54:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263606 The Tribunal upheld the Commissioner of Income Tax (Appeals) [CIT(A)]'s decision to restrict the addition under Section 68 of the Income Tax Act to Rs. 3,30,150 out of a total of Rs. 24,75,200. The Tribunal also upheld the CIT(A)'s proportionate disallowance of interest expenditure and handling of additional evidence, dismissing both the Revenue's appeal and the assessee's cross-objection. The order was pronounced on August 20, 2015, at Ahmedabad. Case-Laws Income Tax Thu, 20 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263606