https://www.taxtmi.com/caselaws?id=250361 The Tribunal allowed the assessee's appeal regarding the disallowance of electricity expenses to directors under section 37 through the order passed under section 154. The Tribunal emphasized the need for affording the assessee an opportunity of hearing and held that section 154 is not applicable to debatable issues. The order passed by the AO under section 154 was set aside due to the lack of opportunity for the assessee to present their case, making it unsustainable on a debatable issue. en-us Fri, 25 Jul 2014 00:00:00 +0530 Sun, 10 Aug 2014 06:54:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250361 The Tribunal allowed the assessee's appeal regarding the disallowance of electricity expenses to directors under section 37 through the order passed under section 154. The Tribunal emphasized the need for affording the assessee an opportunity of hearing and held that section 154 is not applicable to debatable issues. The order passed by the AO under section 154 was set aside due to the lack of opportunity for the assessee to present their case, making it unsustainable on a debatable issue. Case-Laws Income Tax Fri, 25 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250361