https://www.taxtmi.com/caselaws?id=68593 The Tribunal upheld the orders passed by the CIT(A) in favor of the assessee on all issues raised in the appeal. The disallowance under section 35(1)(iv) for lack of evidence of machinery use in R&D program, disallowance of guarantee commission to directors, disallowance of sales promotion expenses, and disallowance of telephone and vehicle expenses for non-business purposes were all decided in favor of the assessee based on precedents and lack of sufficient evidence to support the disallowances. en-us Wed, 25 Jan 2006 00:00:00 +0530 Fri, 27 Jul 2012 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68593 The Tribunal upheld the orders passed by the CIT(A) in favor of the assessee on all issues raised in the appeal. The disallowance under section 35(1)(iv) for lack of evidence of machinery use in R&D program, disallowance of guarantee commission to directors, disallowance of sales promotion expenses, and disallowance of telephone and vehicle expenses for non-business purposes were all decided in favor of the assessee based on precedents and lack of sufficient evidence to support the disallowances. Case-Laws Income Tax Wed, 25 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68593