https://www.taxtmi.com/caselaws?id=393448 The Tribunal dismissed the Revenue's appeal and the assessee's cross-objection, upholding the CIT(A)'s order. The additions were deleted due to the sufficiency of interest-free funds, the treatment of IT expenses as revenue, and the absence of interest expense disallowance. The Tribunal also supported the deletion of income corresponding to TDS and the disallowance of late PF contributions, in line with legal precedents. en-us Wed, 11 Mar 2020 00:00:00 +0530 Mon, 16 Mar 2020 07:53:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393448 The Tribunal dismissed the Revenue's appeal and the assessee's cross-objection, upholding the CIT(A)'s order. The additions were deleted due to the sufficiency of interest-free funds, the treatment of IT expenses as revenue, and the absence of interest expense disallowance. The Tribunal also supported the deletion of income corresponding to TDS and the disallowance of late PF contributions, in line with legal precedents. Case-Laws Income Tax Wed, 11 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393448