https://www.taxtmi.com/caselaws?id=342942 The Tribunal partly allowed the appeal, providing relief on some grounds while remanding others back to the AO for verification. The addition of Rs. 26,35,000 under Section 68 was upheld for one party but deleted for two others. Disallowances under Sections 40(a)(ia) and 40A(2)(b) were addressed, with the Tribunal directing the AO to delete certain disallowances. The enhancement of income under Section 41(1) was deleted. en-us Thu, 11 May 2017 00:00:00 +0530 Tue, 16 May 2017 06:49:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342942 The Tribunal partly allowed the appeal, providing relief on some grounds while remanding others back to the AO for verification. The addition of Rs. 26,35,000 under Section 68 was upheld for one party but deleted for two others. Disallowances under Sections 40(a)(ia) and 40A(2)(b) were addressed, with the Tribunal directing the AO to delete certain disallowances. The enhancement of income under Section 41(1) was deleted. Case-Laws Income Tax Thu, 11 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342942