https://www.taxtmi.com/caselaws?id=369974 The ITAT ruled in favor of the Assessee, directing the AO to delete the addition related to the DEPB license value and the ad hoc disallowances of certain expenses. The judgment emphasized adherence to accounting standards and the lack of concrete evidence to support the disallowances. en-us Thu, 23 Aug 2018 00:00:00 +0530 Tue, 06 Nov 2018 07:19:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369974 The ITAT ruled in favor of the Assessee, directing the AO to delete the addition related to the DEPB license value and the ad hoc disallowances of certain expenses. The judgment emphasized adherence to accounting standards and the lack of concrete evidence to support the disallowances. Case-Laws Income Tax Thu, 23 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369974