https://www.taxtmi.com/caselaws?id=293365 The Tribunal upheld the decision of the Ld.CIT(A) regarding the disallowance of expenditure under section 40A(3) of the Income Tax Act for A.Y. 2006-07. It emphasized the need for proper authorization of appeals based on tax effect and specified grounds by the Commissioner, stressing the importance of recording justifiable reasons for appeals and adherence to CBDT Circulars to avoid routine filing of appeals. en-us Wed, 06 Dec 2017 00:00:00 +0530 Mon, 08 Feb 2021 06:23:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293365 The Tribunal upheld the decision of the Ld.CIT(A) regarding the disallowance of expenditure under section 40A(3) of the Income Tax Act for A.Y. 2006-07. It emphasized the need for proper authorization of appeals based on tax effect and specified grounds by the Commissioner, stressing the importance of recording justifiable reasons for appeals and adherence to CBDT Circulars to avoid routine filing of appeals. Case-Laws Income Tax Wed, 06 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293365