https://www.taxtmi.com/caselaws?id=442762 The Appellate Tribunal upheld the assessment order under section 143(3) of the Income Tax Act for the assessment year 2015-16. It affirmed the disallowance of depreciation on electric installation, partially confirmed the addition related to unexplained creditors, and dismissed the challenge to the notice issuance. The Tribunal partially allowed the appeal by deleting the addition for some creditors. The judgment was pronounced on 5th September 2023. en-us Tue, 05 Sep 2023 00:00:00 +0530 Sat, 09 Sep 2023 09:37:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442762 The Appellate Tribunal upheld the assessment order under section 143(3) of the Income Tax Act for the assessment year 2015-16. It affirmed the disallowance of depreciation on electric installation, partially confirmed the addition related to unexplained creditors, and dismissed the challenge to the notice issuance. The Tribunal partially allowed the appeal by deleting the addition for some creditors. The judgment was pronounced on 5th September 2023. Case-Laws Income Tax Tue, 05 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442762