https://www.taxtmi.com/caselaws?id=408041 The Tribunal allowed the disallowance of salary paid to security guards in favor of the assessee due to sufficient confirmation provided. The issue of disallowance of shop and godown rent was remanded to the AO for further verification. The disallowance of interest on advances was also remanded for reevaluation based on commercial expediency. The disallowance of alleged low household expenses was deemed speculative and ordered to be deleted. Grounds 6 and 7 were dismissed as general, and the appeal was partly allowed. en-us Fri, 28 May 2021 00:00:00 +0530 Sat, 29 May 2021 08:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408041 The Tribunal allowed the disallowance of salary paid to security guards in favor of the assessee due to sufficient confirmation provided. The issue of disallowance of shop and godown rent was remanded to the AO for further verification. The disallowance of interest on advances was also remanded for reevaluation based on commercial expediency. The disallowance of alleged low household expenses was deemed speculative and ordered to be deleted. Grounds 6 and 7 were dismissed as general, and the appeal was partly allowed. Case-Laws Income Tax Fri, 28 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408041