https://www.taxtmi.com/caselaws?id=363635 The Tribunal partly allowed the revenue's appeal for statistical purposes, remanding certain issues back to the Assessing Officer for further verification. The disallowance under section 40(a)(ia) was remanded for compliance verification, the addition based on undisclosed receipt was remanded for reconciliation, and the addition towards share capital as unexplained cash credit was remanded for verification of creditworthiness. However, the additions towards service tax under section 43B and the disallowance of interest under section 36(1)(iii) were deleted. The Tribunal dismissed certain grounds as not pressed, concluding the case with mixed outcomes for both parties. en-us Wed, 11 Jul 2018 00:00:00 +0530 Mon, 16 Jul 2018 13:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363635 The Tribunal partly allowed the revenue's appeal for statistical purposes, remanding certain issues back to the Assessing Officer for further verification. The disallowance under section 40(a)(ia) was remanded for compliance verification, the addition based on undisclosed receipt was remanded for reconciliation, and the addition towards share capital as unexplained cash credit was remanded for verification of creditworthiness. However, the additions towards service tax under section 43B and the disallowance of interest under section 36(1)(iii) were deleted. The Tribunal dismissed certain grounds as not pressed, concluding the case with mixed outcomes for both parties. Case-Laws Income Tax Wed, 11 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363635