https://www.taxtmi.com/caselaws?id=216232 The tribunal ruled in favor of the appellant concerning the disallowance under section 40A(3) of the Income-tax Act, 1961, but upheld the disallowance of parking expenses incurred at the Madras branch. The challenges against the disallowance of proportionate interest amount and partial disallowance of salary expenses were rejected due to lack of substantial arguments. As a result, the tribunal partly allowed the appeal of the appellant. en-us Wed, 31 Mar 2010 00:00:00 +0530 Tue, 11 Jun 2013 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216232 The tribunal ruled in favor of the appellant concerning the disallowance under section 40A(3) of the Income-tax Act, 1961, but upheld the disallowance of parking expenses incurred at the Madras branch. The challenges against the disallowance of proportionate interest amount and partial disallowance of salary expenses were rejected due to lack of substantial arguments. As a result, the tribunal partly allowed the appeal of the appellant. Case-Laws Income Tax Wed, 31 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216232