https://www.taxtmi.com/caselaws?id=409376 The Tribunal allowed the appeal partially, directing the Assessing Officer to reconsider the disallowance of provident fund contribution and delete the entire disallowance under section 14A. The Tribunal emphasized the impermissibility of ad-hoc disallowances without proper reasoning and ordered the deletion of the 10% disallowance of various expenses. en-us Fri, 02 Jul 2021 00:00:00 +0530 Mon, 05 Jul 2021 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409376 The Tribunal allowed the appeal partially, directing the Assessing Officer to reconsider the disallowance of provident fund contribution and delete the entire disallowance under section 14A. The Tribunal emphasized the impermissibility of ad-hoc disallowances without proper reasoning and ordered the deletion of the 10% disallowance of various expenses. Case-Laws Income Tax Fri, 02 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409376