https://www.taxtmi.com/caselaws?id=404826 The Tribunal partly allowed the appeal for statistical purposes, directing the Assessing Officer to reevaluate unconfirmed credits under section 68 of the Income Tax Act, 1961, and confirming the disallowance of sales promotion expenses due to lack of supporting documentation. The judgment stressed the significance of proper documentation and verification in tax assessments, instructing a review of credits from preceding years and upholding the disallowance of expenses without proper bills. en-us Tue, 16 Feb 2021 00:00:00 +0530 Thu, 04 Mar 2021 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404826 The Tribunal partly allowed the appeal for statistical purposes, directing the Assessing Officer to reevaluate unconfirmed credits under section 68 of the Income Tax Act, 1961, and confirming the disallowance of sales promotion expenses due to lack of supporting documentation. The judgment stressed the significance of proper documentation and verification in tax assessments, instructing a review of credits from preceding years and upholding the disallowance of expenses without proper bills. Case-Laws Income Tax Tue, 16 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404826