https://www.taxtmi.com/caselaws?id=375636 The Tribunal partially allowed the assessee's appeal for AY 2008-09, addressing disputed liabilities against M/s. S. I. International Ltd. and M/s. Beijia Industrial Co. Ltd. The Tribunal upheld the addition of &8377; 9,17,410/- to taxable income for AY 2008-09. Additionally, the Tribunal confirmed the addition of &8377; 1,37,860/- against M/s. S. I. International Ltd. under sec. 41(1) of the Act. However, concerning the liability of &8377; 7,79,550/- against M/s. Beijia Industrial Co. Ltd., the Tribunal directed a reduced addition under sec. 41(1) of the Act to &8377; 2,54,550/- after considering payments made, partially allowing the appeal in this aspect. en-us Wed, 14 Nov 2018 00:00:00 +0530 Fri, 22 Feb 2019 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375636 The Tribunal partially allowed the assessee's appeal for AY 2008-09, addressing disputed liabilities against M/s. S. I. International Ltd. and M/s. Beijia Industrial Co. Ltd. The Tribunal upheld the addition of &8377; 9,17,410/- to taxable income for AY 2008-09. Additionally, the Tribunal confirmed the addition of &8377; 1,37,860/- against M/s. S. I. International Ltd. under sec. 41(1) of the Act. However, concerning the liability of &8377; 7,79,550/- against M/s. Beijia Industrial Co. Ltd., the Tribunal directed a reduced addition under sec. 41(1) of the Act to &8377; 2,54,550/- after considering payments made, partially allowing the appeal in this aspect. Case-Laws Income Tax Wed, 14 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375636