https://www.taxtmi.com/caselaws?id=261760 The Court ruled in favor of the Revenue, allowing the appeal and quashing the ITAT order for A.Y. 1999-2000. The Tribunal had dismissed the Revenue's appeal regarding bogus expenses claimed by the assessee, additions/disallowances made by the AO, and concealment of income. The Court addressed questions on disallowance under section 43B and re-computation of interest under section 234B. The decision aligned with legal precedents, holding that non-deposit of employee contributions before the due date would disallow deductions. en-us Thu, 04 Dec 2014 00:00:00 +0530 Wed, 22 Jul 2015 06:36:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261760 The Court ruled in favor of the Revenue, allowing the appeal and quashing the ITAT order for A.Y. 1999-2000. The Tribunal had dismissed the Revenue's appeal regarding bogus expenses claimed by the assessee, additions/disallowances made by the AO, and concealment of income. The Court addressed questions on disallowance under section 43B and re-computation of interest under section 234B. The decision aligned with legal precedents, holding that non-deposit of employee contributions before the due date would disallow deductions. Case-Laws Income Tax Thu, 04 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261760