https://www.taxtmi.com/caselaws?id=344247 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to verify tax payments by the parties regarding disallowed processing fee and hire charges under section 40(a)(ia). The Tribunal reduced the disallowance of car and telephone expenses for personal use, restricting it to 1/10 of the total expenditure claimed instead of 1/6, based on the firm's declared income. en-us Thu, 01 Jun 2017 00:00:00 +0530 Tue, 13 Jun 2017 06:34:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344247 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to verify tax payments by the parties regarding disallowed processing fee and hire charges under section 40(a)(ia). The Tribunal reduced the disallowance of car and telephone expenses for personal use, restricting it to 1/10 of the total expenditure claimed instead of 1/6, based on the firm's declared income. Case-Laws Income Tax Thu, 01 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344247