2025 (3) TMI 2190

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....Sudhir Sehgal, Advocate For the Revenue : Smt. Kusum Bansal, CIT DR ORDER PER RAJPAL YADAV, VP The Revenue is in appeal before the Tribunal against the order of the ld. Commissioner of Income Tax (Appeals) [in short 'the CIT (A)'] dated 14.12.2023 passed for assessment year 2014-15. 2. The solitary grievance of the Revenue is that ld. CIT(A) has erred in deleting the addition of Rs.....

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....dustries, Civil Appeal No. 37 of 2019 wherein Hon'ble Supreme Court has upheld the judgement of Hon'ble Bombay High Court in CIT Vs Reliance Utilities reported in 313 ITR page No. 340. The judgement of Hon'ble Supreme Court is reported in 410 ITR 466. We find that ld. CIT(A) has took note of the details of available funds with the assessee as well as how the funds have been advanced. I....