https://www.taxtmi.com/caselaws?id=378837 The Tribunal allowed the Assessee's appeal on the disallowance of interest paid to related parties, disallowance of interest expenditure due to alleged diversion of funds, and addition due to the difference in stock value. The Tribunal directed the AO to delete the disallowances and additions on these issues. The fourth issue regarding the addition due to the difference in book debts value was remanded for fresh adjudication. The appeal was partly allowed for statistical purposes. en-us Tue, 05 Mar 2019 00:00:00 +0530 Tue, 23 Apr 2019 08:19:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378837 The Tribunal allowed the Assessee's appeal on the disallowance of interest paid to related parties, disallowance of interest expenditure due to alleged diversion of funds, and addition due to the difference in stock value. The Tribunal directed the AO to delete the disallowances and additions on these issues. The fourth issue regarding the addition due to the difference in book debts value was remanded for fresh adjudication. The appeal was partly allowed for statistical purposes. Case-Laws Income Tax Tue, 05 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378837