https://www.taxtmi.com/caselaws?id=265133 The tribunal upheld the disallowance of payments to a director for legal charges and excessive rent paid to a director's wife under Section 40A(2)(b) of the Income Tax Act, 1961. It dismissed the appeal on these grounds along with the disallowance of subscription expenses and interest charges under sections 234B and 234C. The tribunal remanded the issues of expenses on photo films and software and the treatment of income as "Income from Other Sources" back to the Assessing Officer for further examination due to insufficient evidence. en-us Wed, 16 Sep 2015 00:00:00 +0530 Wed, 21 Oct 2015 16:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265133 The tribunal upheld the disallowance of payments to a director for legal charges and excessive rent paid to a director's wife under Section 40A(2)(b) of the Income Tax Act, 1961. It dismissed the appeal on these grounds along with the disallowance of subscription expenses and interest charges under sections 234B and 234C. The tribunal remanded the issues of expenses on photo films and software and the treatment of income as "Income from Other Sources" back to the Assessing Officer for further examination due to insufficient evidence. Case-Laws Income Tax Wed, 16 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265133