https://www.taxtmi.com/caselaws?id=379025 The Tribunal dismissed the revenue's appeal for AY 2008-09 and partly allowed the appeals for AYs 2009-10, 2010-11, and 2011-12 for statistical purposes. The Tribunal upheld the Ld. CIT(A)'s decisions on various issues, including the allowance of nursery expenses, deletion of notional interest, allowance of liquidated damages, maintenance expenses for tea bushes, deletion of unexplained sundry creditors addition, allowance of prior period expenses, and bad debt written off. However, the Tribunal remanded the issue of disallowance under Section 14A and addition of sundry receipts of the tea division back to the AO for fresh consideration. en-us Wed, 20 Mar 2019 00:00:00 +0530 Thu, 25 Apr 2019 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379025 The Tribunal dismissed the revenue's appeal for AY 2008-09 and partly allowed the appeals for AYs 2009-10, 2010-11, and 2011-12 for statistical purposes. The Tribunal upheld the Ld. CIT(A)'s decisions on various issues, including the allowance of nursery expenses, deletion of notional interest, allowance of liquidated damages, maintenance expenses for tea bushes, deletion of unexplained sundry creditors addition, allowance of prior period expenses, and bad debt written off. However, the Tribunal remanded the issue of disallowance under Section 14A and addition of sundry receipts of the tea division back to the AO for fresh consideration. Case-Laws Income Tax Wed, 20 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379025