https://www.taxtmi.com/caselaws?id=287123 The Department's appeal was dismissed in a case involving various tax-related issues. The Tribunal upheld the CIT(A)'s findings on the provision for gratuity and cash loss during a fire, as the Department failed to provide contrary evidence. The addition under section 41(1) was allowed, while the matter of disallowance of bad debts was sent back for further examination. The addition under section 14A was allowed for verification purposes. Disallowances related to foreign travel expenses were upheld, except for expenses estimated on an ad-hoc basis, which were allowed as business expenses. The Assessee's appeal was partly allowed for statistical purposes. en-us Thu, 24 Jan 2013 00:00:00 +0530 Mon, 30 Mar 2020 12:48:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287123 The Department's appeal was dismissed in a case involving various tax-related issues. The Tribunal upheld the CIT(A)'s findings on the provision for gratuity and cash loss during a fire, as the Department failed to provide contrary evidence. The addition under section 41(1) was allowed, while the matter of disallowance of bad debts was sent back for further examination. The addition under section 14A was allowed for verification purposes. Disallowances related to foreign travel expenses were upheld, except for expenses estimated on an ad-hoc basis, which were allowed as business expenses. The Assessee's appeal was partly allowed for statistical purposes. Case-Laws Income Tax Thu, 24 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287123