https://www.taxtmi.com/caselaws?id=234708 The Tribunal upheld the decisions of the ld. CIT(A) regarding the deletion of the addition under section 43B and the restriction of disallowance under section 14A. The Tribunal found the Revenue's appeal lacked merit as the accounting system of the assessee was consistent and could not be adjusted under relevant sections of the Act. Additionally, the Tribunal agreed with the restriction of disallowance at 1% based on case law and precedents. The appeal by the Revenue was dismissed, affirming the ld. CIT(A)'s order on both issues. en-us Fri, 19 Apr 2013 00:00:00 +0530 Thu, 27 Jun 2013 09:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234708 The Tribunal upheld the decisions of the ld. CIT(A) regarding the deletion of the addition under section 43B and the restriction of disallowance under section 14A. The Tribunal found the Revenue's appeal lacked merit as the accounting system of the assessee was consistent and could not be adjusted under relevant sections of the Act. Additionally, the Tribunal agreed with the restriction of disallowance at 1% based on case law and precedents. The appeal by the Revenue was dismissed, affirming the ld. CIT(A)'s order on both issues. Case-Laws Income Tax Fri, 19 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234708