https://www.taxtmi.com/caselaws?id=185483 The Tribunal allowed the assessee's appeal, deleting the disallowance under section 40(a)(ia) of the IT Act as the tax deducted at source was deposited before the due date of filing the return. The issue of charging interest under section 234B was deemed consequential. The deletion of addition on account of in-genuine and unexplained credits was upheld, with the Tribunal finding the AO's basis for treating the liabilities as bogus unfounded. The appeal filed by the assessee was allowed, and the Revenue's appeal was dismissed. en-us Thu, 29 Dec 2011 00:00:00 +0530 Sat, 13 Aug 2016 13:50:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185483 The Tribunal allowed the assessee's appeal, deleting the disallowance under section 40(a)(ia) of the IT Act as the tax deducted at source was deposited before the due date of filing the return. The issue of charging interest under section 234B was deemed consequential. The deletion of addition on account of in-genuine and unexplained credits was upheld, with the Tribunal finding the AO's basis for treating the liabilities as bogus unfounded. The appeal filed by the assessee was allowed, and the Revenue's appeal was dismissed. Case-Laws Income Tax Thu, 29 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185483