https://www.taxtmi.com/caselaws?id=440764 The appeal was allowed for statistical purposes. The Tribunal ordered the deletion of various additions made by the Assessing Officer, including unexplained revenue expenditure, alleged cash credits, addition under Section 40A(3), and disallowance of notional interest. The Tribunal found the lower authorities unjustified in disbelieving certain payments and ordered the deletion of these additions. The issue of non-deduction of TDS was restored to the AO for further verification. Grounds 7 and 8 were deemed general and did not require adjudication. en-us Wed, 31 May 2023 00:00:00 +0530 Wed, 26 Jul 2023 08:19:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440764 The appeal was allowed for statistical purposes. The Tribunal ordered the deletion of various additions made by the Assessing Officer, including unexplained revenue expenditure, alleged cash credits, addition under Section 40A(3), and disallowance of notional interest. The Tribunal found the lower authorities unjustified in disbelieving certain payments and ordered the deletion of these additions. The issue of non-deduction of TDS was restored to the AO for further verification. Grounds 7 and 8 were deemed general and did not require adjudication. Case-Laws Income Tax Wed, 31 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440764