https://www.taxtmi.com/caselaws?id=262213 The Tribunal upheld the CIT(A)'s decisions regarding the disallowance and allowance of expenses, considering the temporary suspension of business activities and the intention to revive the business. The appeals of both the Revenue and the assessee were dismissed, confirming the restrictions and allowances made by the CIT(A) in relation to manufacturing expenses, Director's remuneration, miscellaneous expenditure, and Managing Director's remuneration. en-us Thu, 30 Jul 2015 00:00:00 +0530 Wed, 05 Aug 2015 06:30:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262213 The Tribunal upheld the CIT(A)'s decisions regarding the disallowance and allowance of expenses, considering the temporary suspension of business activities and the intention to revive the business. The appeals of both the Revenue and the assessee were dismissed, confirming the restrictions and allowances made by the CIT(A) in relation to manufacturing expenses, Director's remuneration, miscellaneous expenditure, and Managing Director's remuneration. Case-Laws Income Tax Thu, 30 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262213