https://www.taxtmi.com/caselaws?id=387175 The appeal, delayed by 721 days due to incorrect advice, was condoned. Ad hoc disallowances without specific justification were deemed unwarranted. The Tribunal favored the assessee, deleting the additions made on an ad hoc basis. Advertisement expenses disallowed without notifying the assessee were remitted for redetermination. Disallowance of interest expenses was reversed, noting the business purpose of loans. The appeal was partly allowed for statistical purposes, ruling in favor of the assessee on ad hoc disallowances and interest expenses. en-us Fri, 06 Sep 2019 00:00:00 +0530 Fri, 18 Oct 2019 07:48:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387175 The appeal, delayed by 721 days due to incorrect advice, was condoned. Ad hoc disallowances without specific justification were deemed unwarranted. The Tribunal favored the assessee, deleting the additions made on an ad hoc basis. Advertisement expenses disallowed without notifying the assessee were remitted for redetermination. Disallowance of interest expenses was reversed, noting the business purpose of loans. The appeal was partly allowed for statistical purposes, ruling in favor of the assessee on ad hoc disallowances and interest expenses. Case-Laws Income Tax Fri, 06 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387175