https://www.taxtmi.com/caselaws?id=275779 The ITAT allowed the appeal, reversing the CIT(A)'s order and deleting the disallowance made by the AO under section 14A of the Income Tax Act. The ITAT emphasized the importance of assessing the correctness of expense claims before making disallowances, concluding that the expenses were mostly for business purposes and the disallowance offered by the assessee was reasonable. en-us Fri, 17 Apr 2015 00:00:00 +0530 Wed, 17 Oct 2018 07:40:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275779 The ITAT allowed the appeal, reversing the CIT(A)'s order and deleting the disallowance made by the AO under section 14A of the Income Tax Act. The ITAT emphasized the importance of assessing the correctness of expense claims before making disallowances, concluding that the expenses were mostly for business purposes and the disallowance offered by the assessee was reasonable. Case-Laws Income Tax Fri, 17 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275779