https://www.taxtmi.com/caselaws?id=184889 The revenue's appeal challenging the deletion of additions for differences in supplier/creditors' accounts and closing stock for AY 1999-00 and 2000-01 was dismissed. Disallowance of interest under section 40A(2)(b) was overturned in favor of the assessee. The Commissioner of Income Tax (Appeals) upheld the deletion of additions for both years. The appeal regarding the approval of action under section 148 was not pursued by the assessee. Ultimately, the revenue's appeals were dismissed, while certain cross objections were allowed. en-us Wed, 22 Jun 2011 00:00:00 +0530 Sat, 23 Jul 2016 13:35:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184889 The revenue's appeal challenging the deletion of additions for differences in supplier/creditors' accounts and closing stock for AY 1999-00 and 2000-01 was dismissed. Disallowance of interest under section 40A(2)(b) was overturned in favor of the assessee. The Commissioner of Income Tax (Appeals) upheld the deletion of additions for both years. The appeal regarding the approval of action under section 148 was not pursued by the assessee. Ultimately, the revenue's appeals were dismissed, while certain cross objections were allowed. Case-Laws Income Tax Wed, 22 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184889