https://www.taxtmi.com/caselaws?id=368459 The Tribunal upheld the CIT(A)'s decisions to delete the disallowance of excess managerial remuneration and the addition on account of inflation of loss. The Tribunal emphasized business prudence, commercial expediency, and avoiding double taxation. The revenue's appeal was dismissed, and the order was pronounced on 03/10/2018. en-us Wed, 03 Oct 2018 00:00:00 +0530 Tue, 09 Oct 2018 06:44:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368459 The Tribunal upheld the CIT(A)'s decisions to delete the disallowance of excess managerial remuneration and the addition on account of inflation of loss. The Tribunal emphasized business prudence, commercial expediency, and avoiding double taxation. The revenue's appeal was dismissed, and the order was pronounced on 03/10/2018. Case-Laws Income Tax Wed, 03 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368459