https://www.taxtmi.com/caselaws?id=276996 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee on all issues, including the addition towards unexplained cash credits towards share capital and share premium, disallowance of expenditure incurred on UAE branch, disallowance of interest on inter-corporate loans, addition towards cessation of liability under Section 41(1), disallowance of expenditure for failure to deduct TDS/short deduction of TDS under Section 194C, addition towards AIR mismatch, and disallowance of amortization of subsidized cost. The assessee's appeal was allowed, and the revenue's appeal was dismissed due to lack of contrary evidence or errors by the revenue. en-us Wed, 31 Jan 2018 00:00:00 +0530 Wed, 21 Nov 2018 21:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276996 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee on all issues, including the addition towards unexplained cash credits towards share capital and share premium, disallowance of expenditure incurred on UAE branch, disallowance of interest on inter-corporate loans, addition towards cessation of liability under Section 41(1), disallowance of expenditure for failure to deduct TDS/short deduction of TDS under Section 194C, addition towards AIR mismatch, and disallowance of amortization of subsidized cost. The assessee's appeal was allowed, and the revenue's appeal was dismissed due to lack of contrary evidence or errors by the revenue. Case-Laws Income Tax Wed, 31 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276996