https://www.taxtmi.com/caselaws?id=180302 The Tribunal directed a fresh examination by the assessing officer for the disallowance of prior period expenses. The matter of disallowance u/s 40(a)(ia) was remitted back to the AO for reconsideration. The issue of disallowance of bad debt claim was also sent back to the AO for fresh examination. The Tribunal remitted the disallowance of provision for wage arrears back to the Ld CIT(A) for reconsideration. The Tribunal ordered a fresh examination by the AO for the disallowance of exemption claimed u/s 10(23G). The issue of disallowance u/s 14A was remitted back to the AO for further examination. The Tribunal upheld the decision favoring the assessee for disallowance made u/s 40A(9). The Tribunal allowed the broken period interest as business expenditure. The issue of ad hoc disallowance from "sundry expenses" was remitted back to the AO for further details. The Tribunal remitted the issue of excess provision for bad and doubtful debts back to the AO for fresh examination. The appeal of the assessee was allowed for statistical purposes, and the revenue's appeal was partly allowed for statistical purposes. en-us Tue, 22 Jan 2013 00:00:00 +0530 Mon, 21 Mar 2016 11:01:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180302 The Tribunal directed a fresh examination by the assessing officer for the disallowance of prior period expenses. The matter of disallowance u/s 40(a)(ia) was remitted back to the AO for reconsideration. The issue of disallowance of bad debt claim was also sent back to the AO for fresh examination. The Tribunal remitted the disallowance of provision for wage arrears back to the Ld CIT(A) for reconsideration. The Tribunal ordered a fresh examination by the AO for the disallowance of exemption claimed u/s 10(23G). The issue of disallowance u/s 14A was remitted back to the AO for further examination. The Tribunal upheld the decision favoring the assessee for disallowance made u/s 40A(9). The Tribunal allowed the broken period interest as business expenditure. The issue of ad hoc disallowance from "sundry expenses" was remitted back to the AO for further details. The Tribunal remitted the issue of excess provision for bad and doubtful debts back to the AO for fresh examination. The appeal of the assessee was allowed for statistical purposes, and the revenue's appeal was partly allowed for statistical purposes. Case-Laws Income Tax Tue, 22 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180302