https://www.taxtmi.com/caselaws?id=257787 The High Court dismissed the appeal, upholding the Tribunal's decision to remand various disallowances back to the Assessing Officer for reexamination. The Court found the Tribunal's exercise of discretion reasonable and not perverse, with no substantial legal questions identified. The disallowed claims for loss, revenue expenses, claim, rebate, reversal of claims, writing off, and under section 36(1)(iii) were all subject to reexamination by the AO. The disallowance of hire charges was upheld based on a previous Tribunal ruling, leading to the dismissal of the appeal for lack of merit. en-us Tue, 03 Mar 2015 00:00:00 +0530 Sat, 07 Nov 2015 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257787 The High Court dismissed the appeal, upholding the Tribunal's decision to remand various disallowances back to the Assessing Officer for reexamination. The Court found the Tribunal's exercise of discretion reasonable and not perverse, with no substantial legal questions identified. The disallowed claims for loss, revenue expenses, claim, rebate, reversal of claims, writing off, and under section 36(1)(iii) were all subject to reexamination by the AO. The disallowance of hire charges was upheld based on a previous Tribunal ruling, leading to the dismissal of the appeal for lack of merit. Case-Laws Income Tax Tue, 03 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257787