https://www.taxtmi.com/caselaws?id=185749 The appeal was allowed for statistical purposes, and the Assessing Officer (AO) was directed to re-evaluate the disallowance by applying a reasonable method, considering the facts and circumstances of the case, and in accordance with the guidelines from the Bombay High Court's judgment in a case involving Godrej & Boyce Mfg. Co. Ltd. vs. Dy.CIT. The Tribunal set aside the Commissioner of Income Tax (Appeals) order and remanded the issue back to the AO for fresh adjudication, directing the AO to compute the disallowance using a reasonable method in line with the guidelines laid down by the Bombay High Court. en-us Wed, 15 Sep 2010 00:00:00 +0530 Fri, 26 Aug 2016 16:31:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185749 The appeal was allowed for statistical purposes, and the Assessing Officer (AO) was directed to re-evaluate the disallowance by applying a reasonable method, considering the facts and circumstances of the case, and in accordance with the guidelines from the Bombay High Court's judgment in a case involving Godrej & Boyce Mfg. Co. Ltd. vs. Dy.CIT. The Tribunal set aside the Commissioner of Income Tax (Appeals) order and remanded the issue back to the AO for fresh adjudication, directing the AO to compute the disallowance using a reasonable method in line with the guidelines laid down by the Bombay High Court. Case-Laws Income Tax Wed, 15 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185749