https://www.taxtmi.com/caselaws?id=282117 The Tribunal dismissed all appeals by the Revenue, upholding the CIT(A)'s decisions on various issues including additional depreciation on windmills, addition under Section 41(1) for outstanding sundry creditors, set off of Short Term Capital Gain against unabsorbed depreciation, addition under Section 68 for unsecured loans, disallowance of bad debt written off, and addition on account of unexplained cash deposits. The Tribunal found in favor of the assessee on all counts, leading to the dismissal of the Revenue's appeals. en-us Fri, 26 Oct 2018 00:00:00 +0530 Mon, 22 Jul 2019 22:37:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282117 The Tribunal dismissed all appeals by the Revenue, upholding the CIT(A)'s decisions on various issues including additional depreciation on windmills, addition under Section 41(1) for outstanding sundry creditors, set off of Short Term Capital Gain against unabsorbed depreciation, addition under Section 68 for unsecured loans, disallowance of bad debt written off, and addition on account of unexplained cash deposits. The Tribunal found in favor of the assessee on all counts, leading to the dismissal of the Revenue's appeals. Case-Laws Income Tax Fri, 26 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282117