https://www.taxtmi.com/caselaws?id=379223 The Revenue's appeal against the CIT(A) order was dismissed due to the low tax effect falling below Rs. 20 lakhs, in line with the CBDT Circular. The Tribunal allowed the assessee's cross objections on the disallowance of Pooja expenses and interest expenditure, directing deletion of the disallowances. Regarding the disallowance of foreign traveling expenses, the Tribunal found discrepancies and remanded the matter for recomputation by the Assessing officer. The Tribunal's decisions were based on thorough analysis and legal principles, ensuring a just outcome for each issue. en-us Fri, 26 Apr 2019 00:00:00 +0530 Tue, 30 Apr 2019 08:05:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379223 The Revenue's appeal against the CIT(A) order was dismissed due to the low tax effect falling below Rs. 20 lakhs, in line with the CBDT Circular. The Tribunal allowed the assessee's cross objections on the disallowance of Pooja expenses and interest expenditure, directing deletion of the disallowances. Regarding the disallowance of foreign traveling expenses, the Tribunal found discrepancies and remanded the matter for recomputation by the Assessing officer. The Tribunal's decisions were based on thorough analysis and legal principles, ensuring a just outcome for each issue. Case-Laws Income Tax Fri, 26 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379223