https://www.taxtmi.com/caselaws?id=402942 The appeal was allowed in part, with various grounds dismissed as not pressed or allowed for statistical purposes. The Tribunal directed the AO to reexamine certain issues in accordance with the law. Key points included disallowance of undisclosed rent receipt and establishment expenses, addition of alleged undisclosed interest income, and disallowance of repair and maintenance expenses. The Tribunal upheld some of the appellant's challenges and directed the AO to allow deductions for certain expenses. en-us Wed, 13 Jan 2021 00:00:00 +0530 Fri, 15 Jan 2021 11:07:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402942 The appeal was allowed in part, with various grounds dismissed as not pressed or allowed for statistical purposes. The Tribunal directed the AO to reexamine certain issues in accordance with the law. Key points included disallowance of undisclosed rent receipt and establishment expenses, addition of alleged undisclosed interest income, and disallowance of repair and maintenance expenses. The Tribunal upheld some of the appellant's challenges and directed the AO to allow deductions for certain expenses. Case-Laws Income Tax Wed, 13 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402942