https://www.taxtmi.com/caselaws?id=182231 The Tribunal upheld the CIT(A)'s decisions on various issues, including the deletion of additions under Sections 41(1) and 145A, and the disallowance of unexplained credits and interest liability on term loans. The Tribunal ruled in favor of the assessee on matters concerning syndicate and upfront fees, additional interest paid, and computation of book profit under Section 115JB. However, the Tribunal dismissed the assessee's appeal regarding interest under Sections 234B and 234C. en-us Fri, 04 Feb 2011 00:00:00 +0530 Thu, 17 Aug 2023 17:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182231 The Tribunal upheld the CIT(A)'s decisions on various issues, including the deletion of additions under Sections 41(1) and 145A, and the disallowance of unexplained credits and interest liability on term loans. The Tribunal ruled in favor of the assessee on matters concerning syndicate and upfront fees, additional interest paid, and computation of book profit under Section 115JB. However, the Tribunal dismissed the assessee's appeal regarding interest under Sections 234B and 234C. Case-Laws Income Tax Fri, 04 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182231