https://www.taxtmi.com/caselaws?id=292984 The Tribunal partially allowed the appeal, confirming disallowances of expenses due to lack of genuineness and non-compliance with legal provisions. The disallowance of reimbursement of expenses to Manoj Pandey was upheld, with a portion sent for further examination. The disallowance under Section 40(a)(ia) for interest expenses on unsecured loans was set aside for additional review by the AO. The direction under Section 150(1) to verify past returns was deemed beyond scope and unjustified, thus partially allowing the appeal. en-us Fri, 08 Mar 2019 00:00:00 +0530 Sun, 17 Jan 2021 20:11:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292984 The Tribunal partially allowed the appeal, confirming disallowances of expenses due to lack of genuineness and non-compliance with legal provisions. The disallowance of reimbursement of expenses to Manoj Pandey was upheld, with a portion sent for further examination. The disallowance under Section 40(a)(ia) for interest expenses on unsecured loans was set aside for additional review by the AO. The direction under Section 150(1) to verify past returns was deemed beyond scope and unjustified, thus partially allowing the appeal. Case-Laws Income Tax Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292984