https://www.taxtmi.com/caselaws?id=412411 The Tribunal dismissed all appeals filed by the Revenue, upholding the CIT(A)'s orders. The additions made by the Assessing Officer were deemed unjustified as they lacked incriminating material and proper evidence. The Tribunal relied on legal precedents to support the deletion of various additions, including deductions under sections 35AD, non-payment of interest under section 43B, and excess interest payments. The Tribunal's decision favored the taxpayers, affirming the CIT(A)'s deletions and rejecting the Revenue's arguments. en-us Tue, 31 Aug 2021 00:00:00 +0530 Fri, 17 Sep 2021 09:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412411 The Tribunal dismissed all appeals filed by the Revenue, upholding the CIT(A)'s orders. The additions made by the Assessing Officer were deemed unjustified as they lacked incriminating material and proper evidence. The Tribunal relied on legal precedents to support the deletion of various additions, including deductions under sections 35AD, non-payment of interest under section 43B, and excess interest payments. The Tribunal's decision favored the taxpayers, affirming the CIT(A)'s deletions and rejecting the Revenue's arguments. Case-Laws Income Tax Tue, 31 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412411