https://www.taxtmi.com/caselaws?id=348345 The tribunal partly allowed the appeal of the assessee, overturning the additions and disallowances made by the lower authorities. The tribunal accepted the explanations and reconciliations provided by the assessee regarding unconfirmed credit balances, unsecured loans, and depreciation on assets, finding no revenue impact in the discrepancies. The tribunal concluded that the assessee had properly reconciled the differences, leading to the allowance of the appeal on these grounds. en-us Fri, 15 Sep 2017 00:00:00 +0530 Wed, 20 Sep 2017 07:40:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348345 The tribunal partly allowed the appeal of the assessee, overturning the additions and disallowances made by the lower authorities. The tribunal accepted the explanations and reconciliations provided by the assessee regarding unconfirmed credit balances, unsecured loans, and depreciation on assets, finding no revenue impact in the discrepancies. The tribunal concluded that the assessee had properly reconciled the differences, leading to the allowance of the appeal on these grounds. Case-Laws Income Tax Fri, 15 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348345