https://www.taxtmi.com/caselaws?id=196407 The revenue's appeals challenging the deletion of additions under sections 43B and 14A of the Income Tax Act were partly allowed for statistical purposes. The Tribunal directed the AO to reconsider the disallowances and additions, including remanding the issue of Rs. 2.93 crores under section 43B for fresh assessment. The Tribunal also upheld the assessee's contentions on the disallowance of prior period expenses and the addition under section 145A regarding MODVAT amount, instructing the AO to accept the computations made by the assessee. The issue of non-granting of TDS for AY 2007-08 was dismissed by the Tribunal. en-us Mon, 01 Feb 2016 00:00:00 +0530 Wed, 29 Nov 2017 21:26:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196407 The revenue's appeals challenging the deletion of additions under sections 43B and 14A of the Income Tax Act were partly allowed for statistical purposes. The Tribunal directed the AO to reconsider the disallowances and additions, including remanding the issue of Rs. 2.93 crores under section 43B for fresh assessment. The Tribunal also upheld the assessee's contentions on the disallowance of prior period expenses and the addition under section 145A regarding MODVAT amount, instructing the AO to accept the computations made by the assessee. The issue of non-granting of TDS for AY 2007-08 was dismissed by the Tribunal. Case-Laws Income Tax Mon, 01 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196407