https://www.taxtmi.com/caselaws?id=334717 The Tribunal partly allowed the appeal by reducing or deleting various disallowances imposed by the Assessing Officer. The Tribunal emphasized the genuineness of transactions and consistency with precedents in making its decisions. Notably, the disallowances for adhoc expenses, Section 14A disallowance, professional fees, and conducting fees/commission fees were either reduced or deleted. The Tribunal's order, pronounced on September 21, 2016, aimed to end litigation and ensure reasonable disallowances based on business purposes and supporting evidence. en-us Wed, 21 Sep 2016 00:00:00 +0530 Sat, 19 Nov 2016 12:03:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334717 The Tribunal partly allowed the appeal by reducing or deleting various disallowances imposed by the Assessing Officer. The Tribunal emphasized the genuineness of transactions and consistency with precedents in making its decisions. Notably, the disallowances for adhoc expenses, Section 14A disallowance, professional fees, and conducting fees/commission fees were either reduced or deleted. The Tribunal's order, pronounced on September 21, 2016, aimed to end litigation and ensure reasonable disallowances based on business purposes and supporting evidence. Case-Laws Income Tax Wed, 21 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334717