https://www.taxtmi.com/caselaws?id=416308 The Tribunal partly allowed the Revenue's appeal for statistical purposes and allowed the Cross Objection by the assessee. The Tribunal upheld the deletion of the addition under Section 69A for periods outside the relevant financial year, remitted the matter of addition under Section 69A for the relevant period to the AO for reconsideration, and directed the AO to reconsider the disallowance of interest under Section 36(1)(iii) in light of relevant case law. The Tribunal also upheld the deletion of the addition on account of deemed dividend and set aside the addition of annual letting value for unsold commercial units. en-us Wed, 22 Dec 2021 00:00:00 +0530 Sat, 25 Dec 2021 08:43:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416308 The Tribunal partly allowed the Revenue's appeal for statistical purposes and allowed the Cross Objection by the assessee. The Tribunal upheld the deletion of the addition under Section 69A for periods outside the relevant financial year, remitted the matter of addition under Section 69A for the relevant period to the AO for reconsideration, and directed the AO to reconsider the disallowance of interest under Section 36(1)(iii) in light of relevant case law. The Tribunal also upheld the deletion of the addition on account of deemed dividend and set aside the addition of annual letting value for unsold commercial units. Case-Laws Income Tax Wed, 22 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416308