https://www.taxtmi.com/caselaws?id=245051 The Tribunal dismissed both the Revenue's appeal and the assessee's Cross Objection, confirming the CIT(A)'s decisions on the disallowance issues and the rejection of the delay condonation request. The Tribunal upheld the CIT(A)'s findings that certain disallowances were not justified under section 40(a)(ia) of the IT Act, based on previous decisions and supporting evidence provided by the assessee. The Tribunal emphasized the importance of timely compliance with tax laws and declined to condone the delay in filing the Cross Objection due to lack of sufficient evidence justifying the delay. en-us Wed, 12 Mar 2014 00:00:00 +0530 Tue, 18 Mar 2014 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245051 The Tribunal dismissed both the Revenue's appeal and the assessee's Cross Objection, confirming the CIT(A)'s decisions on the disallowance issues and the rejection of the delay condonation request. The Tribunal upheld the CIT(A)'s findings that certain disallowances were not justified under section 40(a)(ia) of the IT Act, based on previous decisions and supporting evidence provided by the assessee. The Tribunal emphasized the importance of timely compliance with tax laws and declined to condone the delay in filing the Cross Objection due to lack of sufficient evidence justifying the delay. Case-Laws Income Tax Wed, 12 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245051