https://www.taxtmi.com/caselaws?id=239237 The Tribunal dismissed the revenue's appeal, upholding CIT(A)'s decisions on all disputed issues. The Tribunal emphasized the need for a proper basis for disallowances and recognized the business practices and accounting methods consistently followed by the assessee. The judgment reinforced the importance of recognizing income based on actual execution of services and the necessity of substantiating disallowances with concrete evidence. en-us Tue, 30 Apr 2013 00:00:00 +0530 Sat, 09 Nov 2013 08:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239237 The Tribunal dismissed the revenue's appeal, upholding CIT(A)'s decisions on all disputed issues. The Tribunal emphasized the need for a proper basis for disallowances and recognized the business practices and accounting methods consistently followed by the assessee. The judgment reinforced the importance of recognizing income based on actual execution of services and the necessity of substantiating disallowances with concrete evidence. Case-Laws Income Tax Tue, 30 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239237