https://www.taxtmi.com/caselaws?id=275748 The Tribunal set aside the orders denying deductions under section 80IA(4) of the Income-tax Act, citing lack of opportunity for the assessees to present their case. Disallowance under section 40A(2)(a) was deleted as the AO failed to prove excessive payments. Sales promotion expenses disallowance was overturned by the CIT(A) and upheld by the Tribunal, emphasizing genuine expenditure. General and additional grounds were dismissed. Appeals were allowed for statistical purposes, partly allowed, or dismissed accordingly, with corresponding stay petitions deemed infructuous. en-us Fri, 26 Mar 2010 00:00:00 +0530 Mon, 15 Oct 2018 15:37:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275748 The Tribunal set aside the orders denying deductions under section 80IA(4) of the Income-tax Act, citing lack of opportunity for the assessees to present their case. Disallowance under section 40A(2)(a) was deleted as the AO failed to prove excessive payments. Sales promotion expenses disallowance was overturned by the CIT(A) and upheld by the Tribunal, emphasizing genuine expenditure. General and additional grounds were dismissed. Appeals were allowed for statistical purposes, partly allowed, or dismissed accordingly, with corresponding stay petitions deemed infructuous. Case-Laws Income Tax Fri, 26 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275748