https://www.taxtmi.com/caselaws?id=363267 The Tribunal allowed the revenue's appeal for statistical purposes, remanding the issues to the Assessing Officer for further factual verification. The decision highlighted the importance of scrutinizing advances and grants to ensure compliance with the Income Tax Act provisions, particularly focusing on whether the payments benefited specified persons under Section 13. en-us Wed, 04 Jul 2018 00:00:00 +0530 Tue, 10 Jul 2018 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363267 The Tribunal allowed the revenue's appeal for statistical purposes, remanding the issues to the Assessing Officer for further factual verification. The decision highlighted the importance of scrutinizing advances and grants to ensure compliance with the Income Tax Act provisions, particularly focusing on whether the payments benefited specified persons under Section 13. Case-Laws Income Tax Wed, 04 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363267