https://www.taxtmi.com/caselaws?id=386464 The Tribunal allowed the assessee's appeal regarding the addition of outstanding balances of sundry creditors, directing the AO to delete the addition. It partially allowed the appeal on the disallowance of expenses, restricting the disallowance to 10% of all other expenses except depreciation. The issue of interest income was remanded back to the AO for fresh adjudication. The appeal was partly allowed for statistical purposes. en-us Wed, 25 Sep 2019 00:00:00 +0530 Sat, 28 Sep 2019 10:11:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386464 The Tribunal allowed the assessee's appeal regarding the addition of outstanding balances of sundry creditors, directing the AO to delete the addition. It partially allowed the appeal on the disallowance of expenses, restricting the disallowance to 10% of all other expenses except depreciation. The issue of interest income was remanded back to the AO for fresh adjudication. The appeal was partly allowed for statistical purposes. Case-Laws Income Tax Wed, 25 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386464