https://www.taxtmi.com/caselaws?id=412847 The Tribunal upheld the Commissioner of Income Tax (Appeals) decisions on all contested issues, dismissing the revenue's appeal and the assessee's cross objections. The disallowance of expenditure under Section 40(a)(ia) and interest payment to Vasantha Vihar Construction India Pvt. Ltd. was deleted, as well as the addition of cash deposits during demonetization under Section 69A. The confirmation of addition in the capital account was not pressed and dismissed by the Tribunal. en-us Thu, 23 Sep 2021 00:00:00 +0530 Wed, 29 Sep 2021 11:02:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412847 The Tribunal upheld the Commissioner of Income Tax (Appeals) decisions on all contested issues, dismissing the revenue's appeal and the assessee's cross objections. The disallowance of expenditure under Section 40(a)(ia) and interest payment to Vasantha Vihar Construction India Pvt. Ltd. was deleted, as well as the addition of cash deposits during demonetization under Section 69A. The confirmation of addition in the capital account was not pressed and dismissed by the Tribunal. Case-Laws Income Tax Thu, 23 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412847