https://www.taxtmi.com/caselaws?id=390468 The Tribunal allowed all appeals, emphasizing the importance of legal satisfaction and proper consideration of the assessee's submissions in disallowance proceedings. The delay in filing appeals for AYs 2012-13 & 2014-15 was condoned, disallowances under Sec. 14A were revised due to lack of objective satisfaction by the Ld. AO, and the Tribunal stressed the necessity for Ld. AO to record satisfaction before invoking disallowance provisions. The Tribunal deleted additional disallowances made without considering the assessee's suo-moto disallowance, highlighting the significance of adhering to legal requirements in such matters. en-us Tue, 17 Dec 2019 00:00:00 +0530 Thu, 02 Jan 2020 16:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390468 The Tribunal allowed all appeals, emphasizing the importance of legal satisfaction and proper consideration of the assessee's submissions in disallowance proceedings. The delay in filing appeals for AYs 2012-13 & 2014-15 was condoned, disallowances under Sec. 14A were revised due to lack of objective satisfaction by the Ld. AO, and the Tribunal stressed the necessity for Ld. AO to record satisfaction before invoking disallowance provisions. The Tribunal deleted additional disallowances made without considering the assessee's suo-moto disallowance, highlighting the significance of adhering to legal requirements in such matters. Case-Laws Income Tax Tue, 17 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390468