https://www.taxtmi.com/caselaws?id=281554 The Tribunal dismissed both the Assessee's and Revenue's appeals, upholding the CIT(A)'s decisions. The disallowance of expenses was restricted to 30% of the claimed amount, while additions related to alleged bogus sundry creditors and unexplained bank deposits were deleted. The Tribunal found in favor of the Assessee on all issues, affirming the CIT(A)'s rulings. en-us Tue, 27 Nov 2018 00:00:00 +0530 Mon, 24 Jun 2019 20:04:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281554 The Tribunal dismissed both the Assessee's and Revenue's appeals, upholding the CIT(A)'s decisions. The disallowance of expenses was restricted to 30% of the claimed amount, while additions related to alleged bogus sundry creditors and unexplained bank deposits were deleted. The Tribunal found in favor of the Assessee on all issues, affirming the CIT(A)'s rulings. Case-Laws Income Tax Tue, 27 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281554