https://www.taxtmi.com/caselaws?id=370660 The Tribunal upheld the CIT(A)'s decisions on the status of the assessee as a Firm, deletion of additions for unexplained investment and sundry creditors, and the revised disallowance of expenses. It also deleted the disallowances under sections 40(a)(ia) and 40A(3), finding them unsustainable based on the facts and evidence provided. The appeal of the revenue was dismissed, and the cross objection of the assessee was partly allowed. en-us Fri, 16 Nov 2018 00:00:00 +0530 Wed, 21 Nov 2018 21:31:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370660 The Tribunal upheld the CIT(A)'s decisions on the status of the assessee as a Firm, deletion of additions for unexplained investment and sundry creditors, and the revised disallowance of expenses. It also deleted the disallowances under sections 40(a)(ia) and 40A(3), finding them unsustainable based on the facts and evidence provided. The appeal of the revenue was dismissed, and the cross objection of the assessee was partly allowed. Case-Laws Income Tax Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370660