https://www.taxtmi.com/caselaws?id=292193 The Tribunal ruled in favor of the assessee on multiple issues, including the deletion of additions under sections 69B and 40(a)(ia), and the allowance of premium on government securities as revenue expenditure. It upheld the CIT(A)'s decisions on these matters, dismissing the Revenue's grounds. The Tribunal also confirmed that section 115JB did not apply to the assessee, as established in prior rulings. The assessee's appeal was partly allowed, while the Revenue's appeal was dismissed, with the Tribunal's order pronounced on 28.03.2018. en-us Wed, 28 Mar 2018 00:00:00 +0530 Wed, 13 Nov 2024 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292193 The Tribunal ruled in favor of the assessee on multiple issues, including the deletion of additions under sections 69B and 40(a)(ia), and the allowance of premium on government securities as revenue expenditure. It upheld the CIT(A)'s decisions on these matters, dismissing the Revenue's grounds. The Tribunal also confirmed that section 115JB did not apply to the assessee, as established in prior rulings. The assessee's appeal was partly allowed, while the Revenue's appeal was dismissed, with the Tribunal's order pronounced on 28.03.2018. Case-Laws Income Tax Wed, 28 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292193