https://www.taxtmi.com/caselaws?id=212397 The Court ruled in favor of the Department regarding the deduction of bonus paid to employees, emphasizing that the bonus disbursed after the stipulated period was not allowable under Section 43B of the Act. The Court also upheld the Tribunal's decision in favor of the assessee concerning disallowance under Section 40A(2) for rent payments. Additionally, the Court held that the proper authority for remand in cases of enhancement during the first appellate stage should be the Assessing Officer, not the First Appellate Authority. The appeal was partly allowed without costs awarded. en-us Thu, 20 Oct 2011 00:00:00 +0530 Sun, 15 Apr 2012 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212397 The Court ruled in favor of the Department regarding the deduction of bonus paid to employees, emphasizing that the bonus disbursed after the stipulated period was not allowable under Section 43B of the Act. The Court also upheld the Tribunal's decision in favor of the assessee concerning disallowance under Section 40A(2) for rent payments. Additionally, the Court held that the proper authority for remand in cases of enhancement during the first appellate stage should be the Assessing Officer, not the First Appellate Authority. The appeal was partly allowed without costs awarded. Case-Laws Income Tax Thu, 20 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212397