https://www.taxtmi.com/caselaws?id=356221 The Tribunal ruled in favor of the appellant, overturning the disallowances and additions made by the authorities regarding notional interest on interest-free loans, conveyance & telephone expenses, staff welfare, miscellaneous expenses, and traveling expenses. The Tribunal emphasized the importance of proper verification and adherence to legal principles in determining deductions and allowances, setting aside the ad hoc disallowances and additions made by the authorities. en-us Thu, 22 Feb 2018 00:00:00 +0530 Tue, 27 Feb 2018 07:12:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356221 The Tribunal ruled in favor of the appellant, overturning the disallowances and additions made by the authorities regarding notional interest on interest-free loans, conveyance & telephone expenses, staff welfare, miscellaneous expenses, and traveling expenses. The Tribunal emphasized the importance of proper verification and adherence to legal principles in determining deductions and allowances, setting aside the ad hoc disallowances and additions made by the authorities. Case-Laws Income Tax Thu, 22 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356221