https://www.taxtmi.com/caselaws?id=331473 The Tribunal dismissed the Revenue's appeal on various disallowances including truck running expenses, go-down expenses, retainership fees, transportation charges, and loan amount charges. The Tribunal upheld the CIT(A)'s decisions in favor of the Assessee, emphasizing proper justifications and evidence provided for the expenses, leading to the deletion of additions made by the AO. However, regarding rates and taxes, the Tribunal allowed the Cross Objection for further examination to verify actual payments in compliance with section 43B. en-us Wed, 11 May 2016 00:00:00 +0530 Wed, 24 Aug 2016 11:01:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331473 The Tribunal dismissed the Revenue's appeal on various disallowances including truck running expenses, go-down expenses, retainership fees, transportation charges, and loan amount charges. The Tribunal upheld the CIT(A)'s decisions in favor of the Assessee, emphasizing proper justifications and evidence provided for the expenses, leading to the deletion of additions made by the AO. However, regarding rates and taxes, the Tribunal allowed the Cross Objection for further examination to verify actual payments in compliance with section 43B. Case-Laws Income Tax Wed, 11 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331473