https://www.taxtmi.com/caselaws?id=425521 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s order on all grounds. The Tribunal confirmed that the advances made were for business purposes, and the interest on these advances could not be disallowed. Additionally, the Tribunal upheld the deduction of employee's contribution to Provident Fund deposited before the due date of filing the return, in line with previous court decisions. en-us Fri, 22 Jul 2022 00:00:00 +0530 Tue, 26 Jul 2022 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425521 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s order on all grounds. The Tribunal confirmed that the advances made were for business purposes, and the interest on these advances could not be disallowed. Additionally, the Tribunal upheld the deduction of employee's contribution to Provident Fund deposited before the due date of filing the return, in line with previous court decisions. Case-Laws Income Tax Fri, 22 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425521