https://www.taxtmi.com/caselaws?id=342472 The Tribunal allowed the appeal, directing reassessment of expenditure disallowance due to a temporary lull in business activity. The appellant's argument regarding the temporary setback was acknowledged, leading to a remittance of the issue for reevaluation by the Assessing Officer. This decision grants the appellant an opportunity to provide further evidence and arguments concerning the expenditure disallowance in light of the temporary business decline and subsequent recovery. en-us Wed, 03 May 2017 00:00:00 +0530 Fri, 05 May 2017 07:38:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342472 The Tribunal allowed the appeal, directing reassessment of expenditure disallowance due to a temporary lull in business activity. The appellant's argument regarding the temporary setback was acknowledged, leading to a remittance of the issue for reevaluation by the Assessing Officer. This decision grants the appellant an opportunity to provide further evidence and arguments concerning the expenditure disallowance in light of the temporary business decline and subsequent recovery. Case-Laws Income Tax Wed, 03 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342472