https://www.taxtmi.com/caselaws?id=410447 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions. The disallowance under Section 14A was deleted due to the absence of exempt income. The addition under Section 2(22)(e) was deleted as transactions were regular business dealings. The recasting of ledger accounts by the AO was deemed incorrect. The sale of silver was confirmed as duly accounted for. The Tribunal's decision was rendered on 27/07/2021. en-us Tue, 27 Jul 2021 00:00:00 +0530 Mon, 02 Aug 2021 09:04:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410447 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions. The disallowance under Section 14A was deleted due to the absence of exempt income. The addition under Section 2(22)(e) was deleted as transactions were regular business dealings. The recasting of ledger accounts by the AO was deemed incorrect. The sale of silver was confirmed as duly accounted for. The Tribunal's decision was rendered on 27/07/2021. Case-Laws Income Tax Tue, 27 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410447