https://www.taxtmi.com/caselaws?id=243451 The Tribunal upheld the CIT(A)'s decisions on various disallowances, including expenses on preceding years, repair expenses, MD's commission, professional expenses, miscellaneous expenses, commission expenses, depreciation on machinery and wind generators, and lease-related expenses. The Tribunal found the disallowances unjustified due to genuine business-related expenditures and lack of specific findings by the Assessing Officer. The appeal of the revenue and the cross objection of the assessee were partly allowed, with some disallowances upheld, set aside, or dismissed. en-us Tue, 24 Sep 2013 00:00:00 +0530 Sat, 01 Feb 2014 17:36:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243451 The Tribunal upheld the CIT(A)'s decisions on various disallowances, including expenses on preceding years, repair expenses, MD's commission, professional expenses, miscellaneous expenses, commission expenses, depreciation on machinery and wind generators, and lease-related expenses. The Tribunal found the disallowances unjustified due to genuine business-related expenditures and lack of specific findings by the Assessing Officer. The appeal of the revenue and the cross objection of the assessee were partly allowed, with some disallowances upheld, set aside, or dismissed. Case-Laws Income Tax Tue, 24 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243451