https://www.taxtmi.com/caselaws?id=397179 The Revenue's appeal was dismissed in the case involving disallowance of overseas sampling costs, Puja expenses, apportionment of director's remuneration, proportionate interest expenditure, and Provident Fund/ESI payments. The Tribunal upheld the CIT(A)'s decisions on all grounds, noting lack of evidence against the genuineness of expenses and adherence to relevant legal precedents. The assessee's cross objection was partly allowed, and the delayed judgment was justified due to the COVID-19 pandemic, with the period of delay excluded based on legal precedent. en-us Fri, 10 Jul 2020 00:00:00 +0530 Fri, 07 Aug 2020 07:46:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397179 The Revenue's appeal was dismissed in the case involving disallowance of overseas sampling costs, Puja expenses, apportionment of director's remuneration, proportionate interest expenditure, and Provident Fund/ESI payments. The Tribunal upheld the CIT(A)'s decisions on all grounds, noting lack of evidence against the genuineness of expenses and adherence to relevant legal precedents. The assessee's cross objection was partly allowed, and the delayed judgment was justified due to the COVID-19 pandemic, with the period of delay excluded based on legal precedent. Case-Laws Income Tax Fri, 10 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397179