https://www.taxtmi.com/caselaws?id=427876 The appeal by the revenue was partially allowed in a case involving various issues such as delay in filing, cash deposit disclosure, treatment of sundry creditors, disallowance of electricity charges, and disallowance for subscriptions and donations. The delay in filing the appeal was condoned due to the COVID-19 pandemic, and the appeal was admitted for adjudication. The cash deposit was deemed legitimate as it was from business proceeds, sundry creditors were validated as genuine vendors, and disallowances for electricity charges and donations were overturned. The matter of electricity charges was remitted for further verification. en-us Wed, 07 Sep 2022 00:00:00 +0530 Mon, 19 Sep 2022 09:34:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427876 The appeal by the revenue was partially allowed in a case involving various issues such as delay in filing, cash deposit disclosure, treatment of sundry creditors, disallowance of electricity charges, and disallowance for subscriptions and donations. The delay in filing the appeal was condoned due to the COVID-19 pandemic, and the appeal was admitted for adjudication. The cash deposit was deemed legitimate as it was from business proceeds, sundry creditors were validated as genuine vendors, and disallowances for electricity charges and donations were overturned. The matter of electricity charges was remitted for further verification. Case-Laws Income Tax Wed, 07 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427876