https://www.taxtmi.com/caselaws?id=791535 The ITAT Bangalore AT examined section 68 additions on redeemable non-convertible debentures, interest disallowance under section 40A(2)(b), capital work-in-progress interest under section 36(1)(iii), ad hoc business promotion expense disallowance under section 37(1), and CSR treatment. The section 68 addition was not sustained at this stage and was remanded for verification because the assessee had produced identity, fund flow, banking, and fund-source material. The section 40A(2)(b) and section 36(1)(iii) disallowances were deleted. The ad hoc expense disallowance was remanded for fresh verification. The CSR disallowance was confirmed because the amount had not been excluded in the income computation. en-us Mon, 11 May 2026 00:00:00 +0530 Wed, 13 May 2026 08:36:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791535 The ITAT Bangalore AT examined section 68 additions on redeemable non-convertible debentures, interest disallowance under section 40A(2)(b), capital work-in-progress interest under section 36(1)(iii), ad hoc business promotion expense disallowance under section 37(1), and CSR treatment. The section 68 addition was not sustained at this stage and was remanded for verification because the assessee had produced identity, fund flow, banking, and fund-source material. The section 40A(2)(b) and section 36(1)(iii) disallowances were deleted. The ad hoc expense disallowance was remanded for fresh verification. The CSR disallowance was confirmed because the amount had not been excluded in the income computation. Case-Laws Income Tax Mon, 11 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791535