https://www.taxtmi.com/caselaws?id=266482 The Tribunal allowed the Revenue's appeal, reversing the CIT(A)'s decision on the disallowance under section 40(a)(ia) of the Income Tax Act, 1961. Additionally, the Tribunal upheld the addition of Rs. 5,00,000 under section 68 for unexplained cash credit. The assessee's cross-objections were partly allowed and partly dismissed for statistical purposes. en-us Fri, 11 Sep 2015 00:00:00 +0530 Wed, 21 Oct 2015 09:46:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266482 The Tribunal allowed the Revenue's appeal, reversing the CIT(A)'s decision on the disallowance under section 40(a)(ia) of the Income Tax Act, 1961. Additionally, the Tribunal upheld the addition of Rs. 5,00,000 under section 68 for unexplained cash credit. The assessee's cross-objections were partly allowed and partly dismissed for statistical purposes. Case-Laws Income Tax Fri, 11 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266482