https://www.taxtmi.com/caselaws?id=779292 ITAT PUNE - AT partly confirmed PCIT's revision order under s.263: additions for gratuity provisions, unpaid bonus, cancellation-compensation, debit/credit write-offs and interest on low-rate advance were reversed; the non-deduction of TDS on interest paid to a housing finance company was affirmed and restored to the AO for de novo examination; advances for property (s.69B r.w.s.115BBE) were also remanded to the AO for fuller inquiry. Overall the Tribunal directed limited restorations while overturning several PCIT findings. en-us Mon, 22 Sep 2025 00:00:00 +0530 Fri, 03 Oct 2025 08:30:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779292 ITAT PUNE - AT partly confirmed PCIT's revision order under s.263: additions for gratuity provisions, unpaid bonus, cancellation-compensation, debit/credit write-offs and interest on low-rate advance were reversed; the non-deduction of TDS on interest paid to a housing finance company was affirmed and restored to the AO for de novo examination; advances for property (s.69B r.w.s.115BBE) were also remanded to the AO for fuller inquiry. Overall the Tribunal directed limited restorations while overturning several PCIT findings. Case-Laws Income Tax Mon, 22 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779292