https://www.taxtmi.com/caselaws?id=180690 The Tribunal partly allowed the assessee's appeal for statistical purposes, dismissing the revenue's appeal. The AO was directed to verify specific claims and implement the order in compliance with the law. The additions made on account of sundry creditors and income diverted to retired partners were either directed for verification or overturned based on legal precedents. The Tribunal upheld the deletion of the addition related to the difference in EEFC account valuation, emphasizing consistency with prior decisions in the assessee's favor. en-us Fri, 13 Aug 2010 00:00:00 +0530 Thu, 31 Mar 2016 14:54:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180690 The Tribunal partly allowed the assessee's appeal for statistical purposes, dismissing the revenue's appeal. The AO was directed to verify specific claims and implement the order in compliance with the law. The additions made on account of sundry creditors and income diverted to retired partners were either directed for verification or overturned based on legal precedents. The Tribunal upheld the deletion of the addition related to the difference in EEFC account valuation, emphasizing consistency with prior decisions in the assessee's favor. Case-Laws Income Tax Fri, 13 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180690