https://www.taxtmi.com/caselaws?id=175900 The Revenue's appeal was partly allowed for statistical purposes in a case involving deletion of additions on account of bad debts written off and gratuity payable. The Tribunal remanded these matters to the Assessing Officer for fresh consideration, citing the need for verification and proper assessment under relevant provisions of the Act. The deletion of addition on account of interest and financial charges was upheld, with the Tribunal finding the AO's reasoning irrelevant and supporting the CIT(A)'s decision. en-us Fri, 08 Apr 2011 00:00:00 +0530 Tue, 08 Dec 2015 15:02:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175900 The Revenue's appeal was partly allowed for statistical purposes in a case involving deletion of additions on account of bad debts written off and gratuity payable. The Tribunal remanded these matters to the Assessing Officer for fresh consideration, citing the need for verification and proper assessment under relevant provisions of the Act. The deletion of addition on account of interest and financial charges was upheld, with the Tribunal finding the AO's reasoning irrelevant and supporting the CIT(A)'s decision. Case-Laws Income Tax Fri, 08 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175900