https://www.taxtmi.com/caselaws?id=243044 The Tribunal partly allowed the appeal filed by the assessee, directing the Assessing Officer to disallow 25% of sundry expenses incurred for the Principal by the agent and restricting the disallowance of gift, chandla, diwali, and personal expenses to 50% of the sustained amount. The Tribunal emphasized consistency in decisions, referencing previous judgments, and granted relief to the assessee by reducing the disallowance amounts based on fairness and established principles, ultimately providing partial relief to the assessee. en-us Wed, 11 Apr 2012 00:00:00 +0530 Sat, 25 Jan 2014 18:15:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243044 The Tribunal partly allowed the appeal filed by the assessee, directing the Assessing Officer to disallow 25% of sundry expenses incurred for the Principal by the agent and restricting the disallowance of gift, chandla, diwali, and personal expenses to 50% of the sustained amount. The Tribunal emphasized consistency in decisions, referencing previous judgments, and granted relief to the assessee by reducing the disallowance amounts based on fairness and established principles, ultimately providing partial relief to the assessee. Case-Laws Income Tax Wed, 11 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243044