https://www.taxtmi.com/caselaws?id=443212 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee on various tax issues, including deduction under Section 80-IB, rejection of books of accounts, disallowance under Section 40A(2)(a), ad hoc disallowance of expenses, expenses related to a specific entity, research and development expenses, advances recoverable in cash and loans, unsecured loans, addition in capital account, promotion expenses, rent paid to sister concern, purchase transactions with a specific entity, balances outstanding of sundry creditors, and depreciation on motor vehicles. The Tribunal dismissed all three appeals of the Revenue, affirming the CIT(A)'s decisions on all grounds. en-us Wed, 30 Aug 2023 00:00:00 +0530 Tue, 19 Sep 2023 08:02:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443212 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee on various tax issues, including deduction under Section 80-IB, rejection of books of accounts, disallowance under Section 40A(2)(a), ad hoc disallowance of expenses, expenses related to a specific entity, research and development expenses, advances recoverable in cash and loans, unsecured loans, addition in capital account, promotion expenses, rent paid to sister concern, purchase transactions with a specific entity, balances outstanding of sundry creditors, and depreciation on motor vehicles. The Tribunal dismissed all three appeals of the Revenue, affirming the CIT(A)'s decisions on all grounds. Case-Laws Income Tax Wed, 30 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443212