https://www.taxtmi.com/caselaws?id=358586 The Tribunal upheld the CIT(A)'s decisions in various disallowance cases under the Income Tax Act. It allowed loan processing charges related to a cash credit, deleted expenses disallowed under section 14A due to lack of exempt income, directed repair and maintenance expenses issue for fresh adjudication, partially upheld salary disallowance based on qualifications, and sustained disallowance of interest paid to specified persons for lack of business justifiability. The Tribunal dismissed the assessee's appeal and partly allowed the Revenue's appeal for statistical purposes, affirming the CIT(A)'s decisions. en-us Tue, 20 Mar 2018 00:00:00 +0530 Sat, 14 Apr 2018 07:17:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358586 The Tribunal upheld the CIT(A)'s decisions in various disallowance cases under the Income Tax Act. It allowed loan processing charges related to a cash credit, deleted expenses disallowed under section 14A due to lack of exempt income, directed repair and maintenance expenses issue for fresh adjudication, partially upheld salary disallowance based on qualifications, and sustained disallowance of interest paid to specified persons for lack of business justifiability. The Tribunal dismissed the assessee's appeal and partly allowed the Revenue's appeal for statistical purposes, affirming the CIT(A)'s decisions. Case-Laws Income Tax Tue, 20 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358586