https://www.taxtmi.com/caselaws?id=403188 The Tribunal dismissed all three appeals of the Department and allowed both Cross Objections of the assessee. It upheld the CIT(A)'s decisions, directing the Assessing Officer to make necessary deletions and adjustments as per the findings. The disallowance of salary payment to Ms. Sonali Nanda was deleted, disallowance under Section 14A was restricted, disallowances of depreciation on cars, gym equipment, and payment to M/s Apex Enterprises were deleted, and the addition on account of unexplained cash was also deleted. en-us Fri, 15 Jan 2021 00:00:00 +0530 Tue, 09 Aug 2022 17:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403188 The Tribunal dismissed all three appeals of the Department and allowed both Cross Objections of the assessee. It upheld the CIT(A)'s decisions, directing the Assessing Officer to make necessary deletions and adjustments as per the findings. The disallowance of salary payment to Ms. Sonali Nanda was deleted, disallowance under Section 14A was restricted, disallowances of depreciation on cars, gym equipment, and payment to M/s Apex Enterprises were deleted, and the addition on account of unexplained cash was also deleted. Case-Laws Income Tax Fri, 15 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403188