https://www.taxtmi.com/caselaws?id=361571 The Tribunal ruled in favor of the assessee, allowing the appeal and finding the assessment made under section 153A to be incorrect. Additionally, the disallowances under sections 40A(3) and the disallowance of additional payments were overturned in favor of the assessee. The Tribunal also deleted the impugned addition related to interest on post-dated cheques. The judgment was pronounced on 14/05/2018. en-us Mon, 14 May 2018 00:00:00 +0530 Sat, 09 Jun 2018 08:39:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361571 The Tribunal ruled in favor of the assessee, allowing the appeal and finding the assessment made under section 153A to be incorrect. Additionally, the disallowances under sections 40A(3) and the disallowance of additional payments were overturned in favor of the assessee. The Tribunal also deleted the impugned addition related to interest on post-dated cheques. The judgment was pronounced on 14/05/2018. Case-Laws Income Tax Mon, 14 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361571