https://www.taxtmi.com/caselaws?id=385330 The Tribunal partially allowed the appeals, directing certain issues such as discrepancies in income, interest disallowance, rent and CAM charges, foreign travel expenses, TDS non-deduction, and pre-paid expenses to be verified and adjudicated by the Assessing Officer. Disallowances for cash payments exceeding the limit and incorrect depreciation rate were upheld. The Tribunal also instructed the AO to reconsider certain grounds not addressed by the CIT(A) regarding disallowances and personal expenses of directors. en-us Thu, 29 Aug 2019 00:00:00 +0530 Tue, 03 Sep 2019 08:08:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385330 The Tribunal partially allowed the appeals, directing certain issues such as discrepancies in income, interest disallowance, rent and CAM charges, foreign travel expenses, TDS non-deduction, and pre-paid expenses to be verified and adjudicated by the Assessing Officer. Disallowances for cash payments exceeding the limit and incorrect depreciation rate were upheld. The Tribunal also instructed the AO to reconsider certain grounds not addressed by the CIT(A) regarding disallowances and personal expenses of directors. Case-Laws Income Tax Thu, 29 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385330