https://www.taxtmi.com/caselaws?id=283604 The Tribunal remitted various disallowances back to the Assessing Officer for fresh adjudication, including peripheral development expenses, wheeling charges, additional depreciation, provision for leave encashment, departmental meetings expenses, ceremonial expenses, miscellaneous expenses, prior period adjustments, amounts written off for claims/receivables, electricity duty, and management development/training expenses. The Tribunal directed the AO to re-examine these disallowances based on the nature of expenses and compliance with tax provisions. The reopening of assessment under Section 147 was upheld by the CIT(A), with the Tribunal focusing on the specific disallowances rather than addressing the reopening issue. en-us Mon, 23 Apr 2018 00:00:00 +0530 Wed, 02 Oct 2019 12:18:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283604 The Tribunal remitted various disallowances back to the Assessing Officer for fresh adjudication, including peripheral development expenses, wheeling charges, additional depreciation, provision for leave encashment, departmental meetings expenses, ceremonial expenses, miscellaneous expenses, prior period adjustments, amounts written off for claims/receivables, electricity duty, and management development/training expenses. The Tribunal directed the AO to re-examine these disallowances based on the nature of expenses and compliance with tax provisions. The reopening of assessment under Section 147 was upheld by the CIT(A), with the Tribunal focusing on the specific disallowances rather than addressing the reopening issue. Case-Laws Income Tax Mon, 23 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283604