https://www.taxtmi.com/caselaws?id=304562 The Tribunal allowed the appeals for Assessment Years (AY) 2008-09, 2009-10, 2010-11, 2013-14, and 2014-15, directing the AO to delete disallowances and additions. For AY 2011-12, the appeal was partly allowed, with disallowances deleted for interest payments but remanded for further investigation on unexplained capital contributions. The Tribunal required the assessee to provide additional evidence for one partner's contributions, while confirming the legitimacy of another partner's contributions. en-us Thu, 30 May 2019 00:00:00 +0530 Wed, 05 Oct 2022 07:57:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304562 The Tribunal allowed the appeals for Assessment Years (AY) 2008-09, 2009-10, 2010-11, 2013-14, and 2014-15, directing the AO to delete disallowances and additions. For AY 2011-12, the appeal was partly allowed, with disallowances deleted for interest payments but remanded for further investigation on unexplained capital contributions. The Tribunal required the assessee to provide additional evidence for one partner's contributions, while confirming the legitimacy of another partner's contributions. Case-Laws Income Tax Thu, 30 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304562