https://www.taxtmi.com/caselaws?id=384367 The Tribunal upheld the CIT(A)'s decisions to delete various additions and disallowances, including under Section 68 of the Income Tax Act, depreciation on life-saving equipment, interest expenses, and other specific additions based on documentary evidence. Penalties under Section 271(1)(c) were also deleted, considering the debatable nature of the issues and the assessee's disclosure of all relevant details. en-us Wed, 31 Jul 2019 00:00:00 +0530 Fri, 09 Aug 2019 15:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384367 The Tribunal upheld the CIT(A)'s decisions to delete various additions and disallowances, including under Section 68 of the Income Tax Act, depreciation on life-saving equipment, interest expenses, and other specific additions based on documentary evidence. Penalties under Section 271(1)(c) were also deleted, considering the debatable nature of the issues and the assessee's disclosure of all relevant details. Case-Laws Income Tax Wed, 31 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384367