https://www.taxtmi.com/caselaws?id=358064 The Tribunal upheld the CIT (A)'s decisions on all three issues in the case. It ruled in favor of the assessee company, deleting the disallowed business promotion expenses, restricting the addition of foreign traveling expenses to 50%, and deleting the addition of income from undisclosed sources. The Tribunal emphasized the need for proper examination and justification for disallowances and additions in income tax assessments, ultimately dismissing the Revenue's appeal. en-us Wed, 31 Jan 2018 00:00:00 +0530 Fri, 01 Jun 2018 16:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358064 The Tribunal upheld the CIT (A)'s decisions on all three issues in the case. It ruled in favor of the assessee company, deleting the disallowed business promotion expenses, restricting the addition of foreign traveling expenses to 50%, and deleting the addition of income from undisclosed sources. The Tribunal emphasized the need for proper examination and justification for disallowances and additions in income tax assessments, ultimately dismissing the Revenue's appeal. Case-Laws Income Tax Wed, 31 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358064