https://www.taxtmi.com/caselaws?id=440331 The Tribunal partly allowed the appeal, ruling in favor of the assessee regarding the addition of Rs. 79.90 lacs as undisclosed income of unsecured loan, citing the timing of share application money receipt before the relevant legislative provisions. However, the Tribunal dismissed the ground on the disallowance of PF expenses, referencing a Supreme Court decision supporting the disallowance. en-us Tue, 11 Jul 2023 00:00:00 +0530 Sat, 15 Jul 2023 08:02:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440331 The Tribunal partly allowed the appeal, ruling in favor of the assessee regarding the addition of Rs. 79.90 lacs as undisclosed income of unsecured loan, citing the timing of share application money receipt before the relevant legislative provisions. However, the Tribunal dismissed the ground on the disallowance of PF expenses, referencing a Supreme Court decision supporting the disallowance. Case-Laws Income Tax Tue, 11 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440331