https://www.taxtmi.com/caselaws?id=308533 The Tribunal upheld the CIT(A)'s decision to retain certain additions, dismissed the assessee's appeal on low gross profit addition, disallowed business and computer expenses due to lack of evidence, and partially allowed/rejected various Revenue's grounds. The AO's decisions on interest disallowance, interest-free loans, low household withdrawal, and unexplained cash credit were upheld/deleted. Both parties' appeals were partly allowed, with some issues remanded to the AO for re-examination. Cross-objections by the assessee were deemed unnecessary. en-us Thu, 09 Jan 2014 00:00:00 +0530 Mon, 03 Jul 2023 08:39:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308533 The Tribunal upheld the CIT(A)'s decision to retain certain additions, dismissed the assessee's appeal on low gross profit addition, disallowed business and computer expenses due to lack of evidence, and partially allowed/rejected various Revenue's grounds. The AO's decisions on interest disallowance, interest-free loans, low household withdrawal, and unexplained cash credit were upheld/deleted. Both parties' appeals were partly allowed, with some issues remanded to the AO for re-examination. Cross-objections by the assessee were deemed unnecessary. Case-Laws Income Tax Thu, 09 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308533