https://www.taxtmi.com/caselaws?id=277719 The Tribunal allowed the Assessee's appeal and dismissed the Revenue's appeal in a case concerning the addition of renovation expenditure in the Assessee's hands. The Tribunal found that the addition was based on presumption without sufficient evidence, leading to the deletion of the addition. Additionally, the Tribunal directed the AO to recompute interest under sections 234A, 234B, and 234C in light of the decision on the renovation expenditure issue. en-us Mon, 17 Nov 2014 00:00:00 +0530 Thu, 20 Dec 2018 05:56:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277719 The Tribunal allowed the Assessee's appeal and dismissed the Revenue's appeal in a case concerning the addition of renovation expenditure in the Assessee's hands. The Tribunal found that the addition was based on presumption without sufficient evidence, leading to the deletion of the addition. Additionally, the Tribunal directed the AO to recompute interest under sections 234A, 234B, and 234C in light of the decision on the renovation expenditure issue. Case-Laws Income Tax Mon, 17 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277719