https://www.taxtmi.com/caselaws?id=372734 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal and confirming that the disallowance of Rs. 3,16,72,524/- as bogus salary expenses was unwarranted. Additionally, the deletion of Rs. 6,19,764/- as undisclosed income was justified based on the assessee's reconciliation details. The Tribunal found the salary expenses were supported by credible statutory evidence and the undisclosed income issue was resolved satisfactorily. The assessee's cross-objection was rendered infructuous, and the order was pronounced on 30/11/2018. en-us Fri, 30 Nov 2018 00:00:00 +0530 Fri, 28 Dec 2018 11:35:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372734 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal and confirming that the disallowance of Rs. 3,16,72,524/- as bogus salary expenses was unwarranted. Additionally, the deletion of Rs. 6,19,764/- as undisclosed income was justified based on the assessee's reconciliation details. The Tribunal found the salary expenses were supported by credible statutory evidence and the undisclosed income issue was resolved satisfactorily. The assessee's cross-objection was rendered infructuous, and the order was pronounced on 30/11/2018. Case-Laws Income Tax Fri, 30 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372734