https://www.taxtmi.com/caselaws?id=463321 ITAT, MUMBAI held that the AO erred in rejecting the assessee's books under s.145(3), directing restoration of books' acceptance; additions for unexplained investments under s.69 and those based on a third-party disclosure were deleted; disallowance of interest was reversed as unsupported; an addition for balance mismatch is restored to the AO for fresh adjudication; interest under s.234D cannot be levied for the year in question; an assailed addition for partnership profits was dismissed as conceded before CIT(A); issues on interest under ss.234A/234B were restored to the AO for levy in accordance with law. en-us Fri, 05 Apr 2024 00:00:00 +0530 Sat, 23 Aug 2025 19:54:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463321 ITAT, MUMBAI held that the AO erred in rejecting the assessee's books under s.145(3), directing restoration of books' acceptance; additions for unexplained investments under s.69 and those based on a third-party disclosure were deleted; disallowance of interest was reversed as unsupported; an addition for balance mismatch is restored to the AO for fresh adjudication; interest under s.234D cannot be levied for the year in question; an assailed addition for partnership profits was dismissed as conceded before CIT(A); issues on interest under ss.234A/234B were restored to the AO for levy in accordance with law. Case-Laws Income Tax Fri, 05 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463321