https://www.taxtmi.com/caselaws?id=378992 The Tribunal partly allowed the appeal, deleting several disallowances including interest on car loan, disallowance under Section 14A, ad hoc disallowances of telephone, vehicle, electricity, and water expenses. The disallowance of software expenses as capital expenditure was remanded for reconsideration due to lack of clarity on enduring nature. The Tribunal stressed the importance of specific evidence and thorough examination in making disallowances. en-us Tue, 23 Apr 2019 00:00:00 +0530 Thu, 25 Apr 2019 06:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378992 The Tribunal partly allowed the appeal, deleting several disallowances including interest on car loan, disallowance under Section 14A, ad hoc disallowances of telephone, vehicle, electricity, and water expenses. The disallowance of software expenses as capital expenditure was remanded for reconsideration due to lack of clarity on enduring nature. The Tribunal stressed the importance of specific evidence and thorough examination in making disallowances. Case-Laws Income Tax Tue, 23 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378992