https://www.taxtmi.com/caselaws?id=405992 The tribunal upheld the decisions of the LD. CIT(A) in deleting additions made by the AO under sections 14A, 2(22)(e), and advances written off. The tribunal found that the revenue failed to provide sufficient evidence to refute the LD. CIT(A)'s findings that the transactions were commercial in nature. Additionally, the tribunal did not interfere with the LD. CIT(A)'s decision regarding the treatment of the purchase of computers as revenue expenditure, emphasizing the need for proper documentation and evidence to support claims. The revenue's appeal was dismissed on all grounds. en-us Wed, 24 Mar 2021 00:00:00 +0530 Fri, 02 Apr 2021 14:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405992 The tribunal upheld the decisions of the LD. CIT(A) in deleting additions made by the AO under sections 14A, 2(22)(e), and advances written off. The tribunal found that the revenue failed to provide sufficient evidence to refute the LD. CIT(A)'s findings that the transactions were commercial in nature. Additionally, the tribunal did not interfere with the LD. CIT(A)'s decision regarding the treatment of the purchase of computers as revenue expenditure, emphasizing the need for proper documentation and evidence to support claims. The revenue's appeal was dismissed on all grounds. Case-Laws Income Tax Wed, 24 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405992