https://www.taxtmi.com/caselaws?id=362285 The Tribunal upheld the CIT(A)'s decisions to delete additions made by the AO under Sections 36(1)(iii), 14A, and capitalization of interest expenses. The Tribunal cited relevant High Court judgments supporting the assessee's positions, emphasizing that the funds in question were part of regular business transactions and not subject to disallowance. The Revenue's appeal was dismissed, affirming the deletions of the additions. en-us Wed, 20 Jun 2018 00:00:00 +0530 Fri, 22 Jun 2018 09:01:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362285 The Tribunal upheld the CIT(A)'s decisions to delete additions made by the AO under Sections 36(1)(iii), 14A, and capitalization of interest expenses. The Tribunal cited relevant High Court judgments supporting the assessee's positions, emphasizing that the funds in question were part of regular business transactions and not subject to disallowance. The Revenue's appeal was dismissed, affirming the deletions of the additions. Case-Laws Income Tax Wed, 20 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362285