https://www.taxtmi.com/caselaws?id=422966 The Tribunal set aside the CIT(A)'s order and directed the AO to delete the Rs. 29,52,674/- addition under Section 36(1)(va) of the Income Tax Act. The Tribunal did not address the retrospective or prospective nature of the amendments by the Finance Act, 2021, as it became moot following the deletion of the addition. The appeal was partly allowed for statistical purposes, with the order pronounced on 24.05.2022. en-us Tue, 24 May 2022 00:00:00 +0530 Wed, 25 May 2022 17:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422966 The Tribunal set aside the CIT(A)'s order and directed the AO to delete the Rs. 29,52,674/- addition under Section 36(1)(va) of the Income Tax Act. The Tribunal did not address the retrospective or prospective nature of the amendments by the Finance Act, 2021, as it became moot following the deletion of the addition. The appeal was partly allowed for statistical purposes, with the order pronounced on 24.05.2022. Case-Laws Income Tax Tue, 24 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422966