https://www.taxtmi.com/caselaws?id=189820 The Tribunal set aside the CIT(A)'s order disallowing Rs. 1,08,81,171/- under Section 14A of the Income Tax Act, stating no disallowance should be made as no exempt income was received. The issue of treating labor charges as bogus under Section 68 was remitted for fresh adjudication. The Tribunal found procedural lapses in considering statements without granting an opportunity to comment and restored the issue. Various additions under Section 68 for unexplained cash credit were remitted to the AO for verification. The Tribunal remitted the issue of enhancing income on different grounds back to the AO for fresh adjudication. en-us Mon, 18 Jan 2016 00:00:00 +0530 Sat, 21 Jan 2017 17:58:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189820 The Tribunal set aside the CIT(A)'s order disallowing Rs. 1,08,81,171/- under Section 14A of the Income Tax Act, stating no disallowance should be made as no exempt income was received. The issue of treating labor charges as bogus under Section 68 was remitted for fresh adjudication. The Tribunal found procedural lapses in considering statements without granting an opportunity to comment and restored the issue. Various additions under Section 68 for unexplained cash credit were remitted to the AO for verification. The Tribunal remitted the issue of enhancing income on different grounds back to the AO for fresh adjudication. Case-Laws Income Tax Mon, 18 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189820