https://www.taxtmi.com/caselaws?id=274650 The Tribunal upheld the CIT(A)'s decisions on all issues, affirming the deletion of additions made u/s 68, disallowance of interest on loans, entitlement to depreciation on assets, and carry forward of excess application of income. The appeals of the Revenue were allowed in part, with directions to the Assessing Officer for fresh consideration in line with the Tribunal's observations. en-us Wed, 25 Apr 2012 00:00:00 +0530 Mon, 27 Aug 2018 15:06:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274650 The Tribunal upheld the CIT(A)'s decisions on all issues, affirming the deletion of additions made u/s 68, disallowance of interest on loans, entitlement to depreciation on assets, and carry forward of excess application of income. The appeals of the Revenue were allowed in part, with directions to the Assessing Officer for fresh consideration in line with the Tribunal's observations. Case-Laws Income Tax Wed, 25 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274650