https://www.taxtmi.com/caselaws?id=284535 The Tribunal partly allowed the appeal, directing the deletion of the disallowance under Section 14A due to lack of valid satisfaction, remanding the buffer disclosure issue for further verification by the AO, and upholding the disallowance related to the Group Gratuity Scheme. The Tribunal emphasized the need for specific satisfaction before invoking Section 14A and held that voluntary disclosures should not be taxed without identified discrepancies. The disallowance of the Group Gratuity Scheme claim was upheld based on lack of approval by the competent authority. en-us Wed, 18 Apr 2018 00:00:00 +0530 Mon, 25 Nov 2019 09:26:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284535 The Tribunal partly allowed the appeal, directing the deletion of the disallowance under Section 14A due to lack of valid satisfaction, remanding the buffer disclosure issue for further verification by the AO, and upholding the disallowance related to the Group Gratuity Scheme. The Tribunal emphasized the need for specific satisfaction before invoking Section 14A and held that voluntary disclosures should not be taxed without identified discrepancies. The disallowance of the Group Gratuity Scheme claim was upheld based on lack of approval by the competent authority. Case-Laws Income Tax Wed, 18 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284535