https://www.taxtmi.com/caselaws?id=402126 The Tribunal partly allowed the appeal, directing the AO to re-examine the addition of unexplained cash credits and disallowance of interest expenses based on additional evidence provided by the assessee. Additionally, the Tribunal instructed the AO to treat interest from partners as business income, consistent with previous assessment years, reducing it from work-in-progress. The order was issued on 09.11.2020. en-us Mon, 09 Nov 2020 00:00:00 +0530 Thu, 24 Dec 2020 11:22:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402126 The Tribunal partly allowed the appeal, directing the AO to re-examine the addition of unexplained cash credits and disallowance of interest expenses based on additional evidence provided by the assessee. Additionally, the Tribunal instructed the AO to treat interest from partners as business income, consistent with previous assessment years, reducing it from work-in-progress. The order was issued on 09.11.2020. Case-Laws Income Tax Mon, 09 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402126