https://www.taxtmi.com/caselaws?id=373897 The Tribunal upheld the CIT(A)'s decision to delete various disallowances made by the Assessing Officer, including expenses deemed personal in nature, repairs and maintenance expenses, disallowance under section 14A, interest expenses under section 36(1)(iii), and prior period expenses. The CIT(A) reasoned that the expenses were legitimate and in line with accounting standards, citing relevant case law to support the deletions. The Tribunal found no grounds to overturn the CIT(A)'s well-founded order and dismissed the Revenue's appeal. en-us Fri, 18 Jan 2019 00:00:00 +0530 Sat, 30 Mar 2019 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373897 The Tribunal upheld the CIT(A)'s decision to delete various disallowances made by the Assessing Officer, including expenses deemed personal in nature, repairs and maintenance expenses, disallowance under section 14A, interest expenses under section 36(1)(iii), and prior period expenses. The CIT(A) reasoned that the expenses were legitimate and in line with accounting standards, citing relevant case law to support the deletions. The Tribunal found no grounds to overturn the CIT(A)'s well-founded order and dismissed the Revenue's appeal. Case-Laws Income Tax Fri, 18 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373897