https://www.taxtmi.com/caselaws?id=420480 The tribunal partly allowed the appeal, directing the AO to verify if income differences were offered in the subsequent year and to delete the addition if proven. The disallowance of interest expenses on interest-free loans was deleted, except for the confirmed bank interest amount of Rs. 1,49,916/-. en-us Mon, 28 Feb 2022 00:00:00 +0530 Mon, 04 Apr 2022 09:13:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420480 The tribunal partly allowed the appeal, directing the AO to verify if income differences were offered in the subsequent year and to delete the addition if proven. The disallowance of interest expenses on interest-free loans was deleted, except for the confirmed bank interest amount of Rs. 1,49,916/-. Case-Laws Income Tax Mon, 28 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420480