https://www.taxtmi.com/caselaws?id=432416 The tribunal partly allowed the revenue's appeal, upholding the disallowances under Grounds No. 1 and 3 related to Section 14A and Section 36(1)(iii) of the Income Tax Act, respectively. Ground No. 2 concerning the addition under Section 68 was remanded back to the Ld. CIT(A) for further verification. The tribunal found discrepancies in the financial figures of the company involved in the unexplained cash credit and required a reasoned order. The final order was pronounced on 20/12/2022 as per Rule 34 of I.T.A.T. Rules, 1963. en-us Tue, 20 Dec 2022 00:00:00 +0530 Thu, 05 Jan 2023 08:26:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432416 The tribunal partly allowed the revenue's appeal, upholding the disallowances under Grounds No. 1 and 3 related to Section 14A and Section 36(1)(iii) of the Income Tax Act, respectively. Ground No. 2 concerning the addition under Section 68 was remanded back to the Ld. CIT(A) for further verification. The tribunal found discrepancies in the financial figures of the company involved in the unexplained cash credit and required a reasoned order. The final order was pronounced on 20/12/2022 as per Rule 34 of I.T.A.T. Rules, 1963. Case-Laws Income Tax Tue, 20 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432416