https://www.taxtmi.com/caselaws?id=425489 The Tribunal upheld the CIT(A)'s decision to delete additions under Section 69C for unaccounted cash payments, citing lack of corroborative evidence and retracted statements. It also affirmed the deletion of disallowance under Section 14A, as no exempt income was earned during the relevant assessment years, and the amendment was not retrospective. The Revenue's appeals were dismissed for the assessment years 2012-13 to 2018-19. en-us Fri, 17 Jun 2022 00:00:00 +0530 Mon, 25 Jul 2022 09:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425489 The Tribunal upheld the CIT(A)'s decision to delete additions under Section 69C for unaccounted cash payments, citing lack of corroborative evidence and retracted statements. It also affirmed the deletion of disallowance under Section 14A, as no exempt income was earned during the relevant assessment years, and the amendment was not retrospective. The Revenue's appeals were dismissed for the assessment years 2012-13 to 2018-19. Case-Laws Income Tax Fri, 17 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425489