https://www.taxtmi.com/caselaws?id=400703 The ITAT partially allowed the appeal, ruling in favor of the appellant regarding the disallowances of bad debt, medical expenses, and bonus expenses. The penalty proceedings under Section 271(1)(c) were deemed premature and not upheld. en-us Thu, 12 Nov 2020 00:00:00 +0530 Fri, 13 Nov 2020 21:13:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400703 The ITAT partially allowed the appeal, ruling in favor of the appellant regarding the disallowances of bad debt, medical expenses, and bonus expenses. The penalty proceedings under Section 271(1)(c) were deemed premature and not upheld. Case-Laws Income Tax Thu, 12 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400703