https://www.taxtmi.com/caselaws?id=393997 The ITAT Kolkata granted condonation of delay to the Revenue for filing an appeal and upheld the deletion of additions under section 68 related to share capital and share premium. The ITAT also supported the deletion of disallowance of provisional power expenditure, finding that the expenses were genuine and payable. The appeal of the Revenue was ultimately dismissed, and the decision was pronounced on March 18, 2020. en-us Wed, 18 Mar 2020 00:00:00 +0530 Fri, 27 Mar 2020 11:06:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393997 The ITAT Kolkata granted condonation of delay to the Revenue for filing an appeal and upheld the deletion of additions under section 68 related to share capital and share premium. The ITAT also supported the deletion of disallowance of provisional power expenditure, finding that the expenses were genuine and payable. The appeal of the Revenue was ultimately dismissed, and the decision was pronounced on March 18, 2020. Case-Laws Income Tax Wed, 18 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393997