https://www.taxtmi.com/caselaws?id=268471 The ITAT dismissed the revenue's appeal, upholding the CIT(A)'s decisions to reduce the trading addition, delete the disallowance of interest, and eliminate the addition on excessive interest payment. The ITAT emphasized the importance of consistency in legal decisions and the requirement for substantial evidence to support any disallowances or additions by the AO. en-us Thu, 01 Oct 2015 00:00:00 +0530 Sat, 21 Nov 2015 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268471 The ITAT dismissed the revenue's appeal, upholding the CIT(A)'s decisions to reduce the trading addition, delete the disallowance of interest, and eliminate the addition on excessive interest payment. The ITAT emphasized the importance of consistency in legal decisions and the requirement for substantial evidence to support any disallowances or additions by the AO. Case-Laws Income Tax Thu, 01 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268471