https://www.taxtmi.com/caselaws?id=200684 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee in various issues, including the deletion of additions related to unexplained loans and interest disallowances, share capital, interest on loans from companies, disallowance under Section 14A, colliery and general expenses, reopening of assessment under Section 147, bad debts claim, and ad-hoc disallowance of conveyance and repair expenses. The Tribunal emphasized the lack of adverse findings, insufficient evidence by the AO, and unjustified nature of the disallowances, supporting the assessee's contentions. en-us Mon, 27 Jun 2016 00:00:00 +0530 Fri, 13 Apr 2018 06:08:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200684 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee in various issues, including the deletion of additions related to unexplained loans and interest disallowances, share capital, interest on loans from companies, disallowance under Section 14A, colliery and general expenses, reopening of assessment under Section 147, bad debts claim, and ad-hoc disallowance of conveyance and repair expenses. The Tribunal emphasized the lack of adverse findings, insufficient evidence by the AO, and unjustified nature of the disallowances, supporting the assessee's contentions. Case-Laws Income Tax Mon, 27 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200684