https://www.taxtmi.com/caselaws?id=399103 The Tribunal ruled in favor of the assessee on various issues including disallowance under Section 14A, notional rent addition, disallowance of registration fees, deduction under Section 80IAB, allocation of overhead expenses, capitalization of interest, disallowance of brokerage and commission, and various other expenses. The Tribunal upheld the CIT(A)'s decisions and previous rulings, emphasizing proper satisfaction and specific evidence requirements for disallowances, and allowing legitimate business expenses while rejecting the AO's objections. Additionally, the Tribunal admitted an additional ground raised by the assessee for verification of double disallowance of certain expenses. en-us Tue, 29 Sep 2020 00:00:00 +0530 Sat, 03 Oct 2020 13:27:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399103 The Tribunal ruled in favor of the assessee on various issues including disallowance under Section 14A, notional rent addition, disallowance of registration fees, deduction under Section 80IAB, allocation of overhead expenses, capitalization of interest, disallowance of brokerage and commission, and various other expenses. The Tribunal upheld the CIT(A)'s decisions and previous rulings, emphasizing proper satisfaction and specific evidence requirements for disallowances, and allowing legitimate business expenses while rejecting the AO's objections. Additionally, the Tribunal admitted an additional ground raised by the assessee for verification of double disallowance of certain expenses. Case-Laws Income Tax Tue, 29 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399103