https://www.taxtmi.com/caselaws?id=300652 The Tribunal upheld the CIT(A)'s decisions on various issues, including deletion of deemed rent income, restriction of disallowance under section 14A, disallowance of labor charges, deletion of deemed income, deletion of bogus sub-contract expenses, penalty payments, section 40A(3) disallowance, section 40(a)(ia) disallowance, agricultural income addition, unexplained purchases, unexplained sub-contract charges, and unexplained purchase expenses. The Tribunal found the AO's actions unjustified and lacking evidence, leading to the dismissal of the Revenue's appeals for AYs 2009-10 and 2010-11. en-us Wed, 13 Jan 2016 00:00:00 +0530 Fri, 18 Feb 2022 07:31:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300652 The Tribunal upheld the CIT(A)'s decisions on various issues, including deletion of deemed rent income, restriction of disallowance under section 14A, disallowance of labor charges, deletion of deemed income, deletion of bogus sub-contract expenses, penalty payments, section 40A(3) disallowance, section 40(a)(ia) disallowance, agricultural income addition, unexplained purchases, unexplained sub-contract charges, and unexplained purchase expenses. The Tribunal found the AO's actions unjustified and lacking evidence, leading to the dismissal of the Revenue's appeals for AYs 2009-10 and 2010-11. Case-Laws Income Tax Wed, 13 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300652