https://www.taxtmi.com/caselaws?id=410328 The Tribunal provided relief on the lease money issue subject to verification, deleted the addition under Section 41(1), upheld the ALP adjustment and disallowance of depreciation, confirmed the disallowance of interest attributed to interest-free loans, and upheld the penalty disallowance. The disallowance of various expenses was directed to be deleted. en-us Mon, 21 Jun 2021 00:00:00 +0530 Thu, 29 Jul 2021 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410328 The Tribunal provided relief on the lease money issue subject to verification, deleted the addition under Section 41(1), upheld the ALP adjustment and disallowance of depreciation, confirmed the disallowance of interest attributed to interest-free loans, and upheld the penalty disallowance. The disallowance of various expenses was directed to be deleted. Case-Laws Income Tax Mon, 21 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410328