https://www.taxtmi.com/caselaws?id=298587 The Tribunal upheld the CIT(A)'s decisions and dismissed the Revenue's appeal on all grounds, including the allowance of benefit under Section 11, disallowance of depreciation on fixed assets, addition of unexplained credits under Section 68, disallowance of personal expenses, disallowance of administrative expenses, and disallowance of interest paid on a term loan. The Tribunal found in favor of the assessee in each issue, citing relevant legal precedents and justifications for their rulings. en-us Fri, 08 Mar 2019 00:00:00 +0530 Wed, 10 Nov 2021 21:04:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298587 The Tribunal upheld the CIT(A)'s decisions and dismissed the Revenue's appeal on all grounds, including the allowance of benefit under Section 11, disallowance of depreciation on fixed assets, addition of unexplained credits under Section 68, disallowance of personal expenses, disallowance of administrative expenses, and disallowance of interest paid on a term loan. The Tribunal found in favor of the assessee in each issue, citing relevant legal precedents and justifications for their rulings. Case-Laws Income Tax Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298587