https://www.taxtmi.com/caselaws?id=353282 The ITAT partly allowed the appeal, setting aside disallowances and additions made by lower authorities. The matter was remitted to the AO for fresh consideration, providing the assessee with proper opportunities to present their case. The disallowance of honorarium expenses was remitted for insufficient time given, disallowance of salary paid to family members was deleted, depreciation disallowance was found unjustified, and surplus was held exempt but with an additional amount added due to lack of evidence for capital expenditure. en-us Mon, 18 Dec 2017 00:00:00 +0530 Mon, 01 Jan 2018 06:00:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353282 The ITAT partly allowed the appeal, setting aside disallowances and additions made by lower authorities. The matter was remitted to the AO for fresh consideration, providing the assessee with proper opportunities to present their case. The disallowance of honorarium expenses was remitted for insufficient time given, disallowance of salary paid to family members was deleted, depreciation disallowance was found unjustified, and surplus was held exempt but with an additional amount added due to lack of evidence for capital expenditure. Case-Laws Income Tax Mon, 18 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353282