https://www.taxtmi.com/caselaws?id=197144 The appeal was allowed for statistical purposes, with the Tribunal admitting additional evidence and remitting the issues of disallowance of notional interest on advances/share application money and addition of unverifiable creditors back to the CIT(A) for further examination. The appellant's arguments regarding business purposes for advances to a sister concern were supported by bank statements, leading to the Tribunal's decision to provide a fair opportunity for reexamination by the CIT(A). en-us Tue, 31 Mar 2015 00:00:00 +0530 Thu, 28 Dec 2017 18:04:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197144 The appeal was allowed for statistical purposes, with the Tribunal admitting additional evidence and remitting the issues of disallowance of notional interest on advances/share application money and addition of unverifiable creditors back to the CIT(A) for further examination. The appellant's arguments regarding business purposes for advances to a sister concern were supported by bank statements, leading to the Tribunal's decision to provide a fair opportunity for reexamination by the CIT(A). Case-Laws Income Tax Tue, 31 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197144