https://www.taxtmi.com/caselaws?id=406613 The Revenue's appeal for AY.2014-15 challenging the CIT (A)'s deletion of expenditure disallowance was dismissed by the Tribunal. The appellant's inability to produce evidence due to a tenancy dispute, resulting in locked premises, was considered reasonable. The Tribunal upheld the CIT (A)'s decision to delete the disallowance, emphasizing the appellant's audited books and annual report availability. The Revenue's arguments were deemed lacking merit, leading to the affirmation of the CIT (A)'s order and the dismissal of the appeal. en-us Fri, 09 Apr 2021 00:00:00 +0530 Mon, 19 Apr 2021 20:33:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406613 The Revenue's appeal for AY.2014-15 challenging the CIT (A)'s deletion of expenditure disallowance was dismissed by the Tribunal. The appellant's inability to produce evidence due to a tenancy dispute, resulting in locked premises, was considered reasonable. The Tribunal upheld the CIT (A)'s decision to delete the disallowance, emphasizing the appellant's audited books and annual report availability. The Revenue's arguments were deemed lacking merit, leading to the affirmation of the CIT (A)'s order and the dismissal of the appeal. Case-Laws Income Tax Fri, 09 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406613