https://www.taxtmi.com/caselaws?id=342172 The appeals challenging the reopening of assessments after the limitation period was allowed, as the Tribunal found the reassessments were time-barred. However, the disallowances of travel expenses, electricity charges, employee's higher education expenditure, marriage reception expenses, subsidiary setup expenses, water connection expenses, Vice President's higher education expenses, and payments exceeding the limit under Section 40A(3) were upheld by the Tribunal. The Tribunal reasoned each decision based on the lack of evidence, personal nature of expenses, or failure to meet business requirements. en-us Thu, 20 Apr 2017 00:00:00 +0530 Fri, 28 Apr 2017 10:13:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342172 The appeals challenging the reopening of assessments after the limitation period was allowed, as the Tribunal found the reassessments were time-barred. However, the disallowances of travel expenses, electricity charges, employee's higher education expenditure, marriage reception expenses, subsidiary setup expenses, water connection expenses, Vice President's higher education expenses, and payments exceeding the limit under Section 40A(3) were upheld by the Tribunal. The Tribunal reasoned each decision based on the lack of evidence, personal nature of expenses, or failure to meet business requirements. Case-Laws Income Tax Thu, 20 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342172