https://www.taxtmi.com/caselaws?id=120653 The Tribunal concluded that the rent paid by the assessee was not excessive or unreasonable compared to the market rate of Rs. 160 per sq. ft. The Tribunal considered legitimate business needs and benefits, deleting the entire disallowance. The revenue's appeal was dismissed, and the assessee's cross-objection was allowed. en-us Wed, 30 Jan 2008 00:00:00 +0530 Mon, 23 Jul 2012 13:02:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120653 The Tribunal concluded that the rent paid by the assessee was not excessive or unreasonable compared to the market rate of Rs. 160 per sq. ft. The Tribunal considered legitimate business needs and benefits, deleting the entire disallowance. The revenue's appeal was dismissed, and the assessee's cross-objection was allowed. Case-Laws Income Tax Wed, 30 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120653