https://www.taxtmi.com/caselaws?id=248669 The Tribunal set aside the order regarding the deletion of management fees without tax deduction, directing a fresh decision by the AO. It upheld the deletion of expenses under 'Fees and subscription,' emphasizing their revenue nature. The Tribunal also upheld the deletion of excessive communication and traveling expenses, finding the AO's disallowance unjustified. The Revenue's appeal was partially allowed for statistical purposes, and the Cross Objection by the assessee was dismissed. The judgment stressed the importance of proper tax deduction, accurate expense categorization, and detailed examination before making additions or disallowances. en-us Mon, 16 Jun 2014 00:00:00 +0530 Tue, 17 Mar 2015 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248669 The Tribunal set aside the order regarding the deletion of management fees without tax deduction, directing a fresh decision by the AO. It upheld the deletion of expenses under 'Fees and subscription,' emphasizing their revenue nature. The Tribunal also upheld the deletion of excessive communication and traveling expenses, finding the AO's disallowance unjustified. The Revenue's appeal was partially allowed for statistical purposes, and the Cross Objection by the assessee was dismissed. The judgment stressed the importance of proper tax deduction, accurate expense categorization, and detailed examination before making additions or disallowances. Case-Laws Income Tax Mon, 16 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248669