https://www.taxtmi.com/caselaws?id=385921 The Tribunal directed the deletion of additions related to the share capital money and ruled that Section 56(2)(viib) was not applicable, leading to the removal of related additions. Regarding the addition of non-existing liabilities under Section 41(1), the Tribunal remanded the matter back to the AO for verification of subsequent payments and write-offs, allowing the appeal partly for statistical purposes. en-us Wed, 17 Jul 2019 00:00:00 +0530 Mon, 16 Sep 2019 14:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385921 The Tribunal directed the deletion of additions related to the share capital money and ruled that Section 56(2)(viib) was not applicable, leading to the removal of related additions. Regarding the addition of non-existing liabilities under Section 41(1), the Tribunal remanded the matter back to the AO for verification of subsequent payments and write-offs, allowing the appeal partly for statistical purposes. Case-Laws Income Tax Wed, 17 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385921