https://www.taxtmi.com/caselaws?id=415936 The Income Tax Appellate Tribunal (ITAT) dismissed the appeal regarding the deletion of the addition on payment of rent, upholding the decision of the Commissioner of Income Tax (Appeals) [CIT(A)]. The appeal on the provision for construction cost was remitted back to the CIT(A) for further review. The appeals on the levy of interest and the initiation of penalty proceedings were both dismissed. The ITAT partly allowed both appeals filed by the revenue for statistical purposes. en-us Tue, 23 Nov 2021 00:00:00 +0530 Fri, 17 Dec 2021 08:53:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415936 The Income Tax Appellate Tribunal (ITAT) dismissed the appeal regarding the deletion of the addition on payment of rent, upholding the decision of the Commissioner of Income Tax (Appeals) [CIT(A)]. The appeal on the provision for construction cost was remitted back to the CIT(A) for further review. The appeals on the levy of interest and the initiation of penalty proceedings were both dismissed. The ITAT partly allowed both appeals filed by the revenue for statistical purposes. Case-Laws Income Tax Tue, 23 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415936