https://www.taxtmi.com/caselaws?id=280017 The appeal for Assessment Year 2011-12 involved challenges to the addition of income for alleged suppression and the disallowance of excessive rent paid on machineries. The CIT(A) partially upheld the addition of income and rent disallowance. However, the Tribunal ruled in favor of the appellant, emphasizing the AO's failure to prove excessiveness and unreasonableness under section 40A(2) of the IT Act. The judgment highlighted the importance of proper assessment and evidence presentation by the AO to support such disallowances, ultimately leading to the deletion of the disallowances and allowing the appeal. en-us Wed, 28 Mar 2018 00:00:00 +0530 Wed, 17 Apr 2019 10:11:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280017 The appeal for Assessment Year 2011-12 involved challenges to the addition of income for alleged suppression and the disallowance of excessive rent paid on machineries. The CIT(A) partially upheld the addition of income and rent disallowance. However, the Tribunal ruled in favor of the appellant, emphasizing the AO's failure to prove excessiveness and unreasonableness under section 40A(2) of the IT Act. The judgment highlighted the importance of proper assessment and evidence presentation by the AO to support such disallowances, ultimately leading to the deletion of the disallowances and allowing the appeal. Case-Laws Income Tax Wed, 28 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280017