https://www.taxtmi.com/caselaws?id=293644 The Tribunal partly allowed the appeals, directing the AO to re-examine certain issues and verify claims in light of additional evidence. The validity of the assessment order was upheld, along with the addition towards undisclosed cash transactions. Relief was granted on the deduction under section 80IB(10) and the addition of interest on capital, subject to further verification. The Tribunal instructed the AO to reconsider the issues of reduction in the value of closing stock and addition of short term and long term capital gains based on additional evidence provided by the assessee. en-us Wed, 28 Feb 2018 00:00:00 +0530 Tue, 23 Feb 2021 09:10:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293644 The Tribunal partly allowed the appeals, directing the AO to re-examine certain issues and verify claims in light of additional evidence. The validity of the assessment order was upheld, along with the addition towards undisclosed cash transactions. Relief was granted on the deduction under section 80IB(10) and the addition of interest on capital, subject to further verification. The Tribunal instructed the AO to reconsider the issues of reduction in the value of closing stock and addition of short term and long term capital gains based on additional evidence provided by the assessee. Case-Laws Income Tax Wed, 28 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293644