https://www.taxtmi.com/caselaws?id=336434 The tribunal allowed the appeal of the assessee, directing the deletion of disallowances made under Sections 40A(2) and 36(1)(iii). The tribunal emphasized the importance of substantiating claims with comparable cases and the relevance of commercial expediency in business transactions. The judgments relied upon by the assessee were found to be directly applicable, leading to the favorable outcome. en-us Fri, 16 Dec 2016 00:00:00 +0530 Sat, 01 Apr 2017 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336434 The tribunal allowed the appeal of the assessee, directing the deletion of disallowances made under Sections 40A(2) and 36(1)(iii). The tribunal emphasized the importance of substantiating claims with comparable cases and the relevance of commercial expediency in business transactions. The judgments relied upon by the assessee were found to be directly applicable, leading to the favorable outcome. Case-Laws Income Tax Fri, 16 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336434