https://www.taxtmi.com/caselaws?id=334359 The Tribunal allowed the appeal, directing the AO to permit the claim of research & development expenses and other expenses. It emphasized the need for objective consideration of evidence and justified disallowances based on valid grounds supported by cogent material. The disallowance of research & development expenses was deemed unjustified as the expenses were genuine and related to the business activities. Similarly, the disallowance of other expenses was reversed as they were found to be supported by relevant documents and incurred in the normal course of business. en-us Fri, 09 Sep 2016 00:00:00 +0530 Thu, 10 Nov 2016 22:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334359 The Tribunal allowed the appeal, directing the AO to permit the claim of research & development expenses and other expenses. It emphasized the need for objective consideration of evidence and justified disallowances based on valid grounds supported by cogent material. The disallowance of research & development expenses was deemed unjustified as the expenses were genuine and related to the business activities. Similarly, the disallowance of other expenses was reversed as they were found to be supported by relevant documents and incurred in the normal course of business. Case-Laws Income Tax Fri, 09 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334359