https://www.taxtmi.com/caselaws?id=379297 The Tribunal allowed the appellant's appeal regarding disallowances under sections 14A and 115JB of the Income Tax Act. The Tribunal found the Assessing Officer's disallowance lacked justification and accepted the appellant's suo moto disallowance. Issues related to provisions for leave encashment, gratuity, and bonus were remanded to the Assessing Officer for further examination to determine if they were based on actuarial valuation, following legal precedents. The Tribunal directed fresh adjudication on these matters, partially allowing the appellant's appeal for further assessment. en-us Fri, 26 Apr 2019 00:00:00 +0530 Wed, 01 May 2019 06:35:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379297 The Tribunal allowed the appellant's appeal regarding disallowances under sections 14A and 115JB of the Income Tax Act. The Tribunal found the Assessing Officer's disallowance lacked justification and accepted the appellant's suo moto disallowance. Issues related to provisions for leave encashment, gratuity, and bonus were remanded to the Assessing Officer for further examination to determine if they were based on actuarial valuation, following legal precedents. The Tribunal directed fresh adjudication on these matters, partially allowing the appellant's appeal for further assessment. Case-Laws Income Tax Fri, 26 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379297