https://www.taxtmi.com/caselaws?id=357486 The ITAT dismissed the Revenue's appeals for AY 2012-13 and AY 2013-14, upholding the CIT(A)'s decisions to delete disallowances under section 14A, additions under section 68, and disallowances of interest payments. The ITAT emphasized the need for thorough investigations by the AO before making additions under section 68. The cross-objections by the assessee were partly allowed, supporting the CIT(A)'s decisions. en-us Mon, 29 Jan 2018 00:00:00 +0530 Fri, 23 Mar 2018 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357486 The ITAT dismissed the Revenue's appeals for AY 2012-13 and AY 2013-14, upholding the CIT(A)'s decisions to delete disallowances under section 14A, additions under section 68, and disallowances of interest payments. The ITAT emphasized the need for thorough investigations by the AO before making additions under section 68. The cross-objections by the assessee were partly allowed, supporting the CIT(A)'s decisions. Case-Laws Income Tax Mon, 29 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357486