https://www.taxtmi.com/caselaws?id=369016 The tribunal partially allowed the appellant's appeal by reducing disallowances and deletions. The disallowance of estimated labor charges payments was reduced from 10% to 5%. The disallowance of interest-free advances was deleted based on lack of diversion of interest-bearing funds. For miscellaneous cash purchases and sales promotion expenses, 50% of the claims were allowed due to insufficient documentation. The disallowance of payments made to individuals for failure to deduct TDS was deleted for accounting charges, with further verification required. en-us Wed, 11 Jul 2018 00:00:00 +0530 Wed, 17 Oct 2018 20:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369016 The tribunal partially allowed the appellant's appeal by reducing disallowances and deletions. The disallowance of estimated labor charges payments was reduced from 10% to 5%. The disallowance of interest-free advances was deleted based on lack of diversion of interest-bearing funds. For miscellaneous cash purchases and sales promotion expenses, 50% of the claims were allowed due to insufficient documentation. The disallowance of payments made to individuals for failure to deduct TDS was deleted for accounting charges, with further verification required. Case-Laws Income Tax Wed, 11 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369016