https://www.taxtmi.com/caselaws?id=364584 The ITAT partly allowed appeals by both the department and the assessee. Relief was granted to the assessee concerning the disallowance of legal and professional charges and the ad hoc disallowance of conference expenses. However, the disallowance of capital expenditure was upheld, and the issue of directors' remuneration was remanded back to the AO for re-examination. The disallowance under section 14A was deleted due to the lack of recorded satisfaction by the AO. en-us Mon, 30 Jul 2018 00:00:00 +0530 Wed, 01 Aug 2018 06:49:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364584 The ITAT partly allowed appeals by both the department and the assessee. Relief was granted to the assessee concerning the disallowance of legal and professional charges and the ad hoc disallowance of conference expenses. However, the disallowance of capital expenditure was upheld, and the issue of directors' remuneration was remanded back to the AO for re-examination. The disallowance under section 14A was deleted due to the lack of recorded satisfaction by the AO. Case-Laws Income Tax Mon, 30 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364584