https://www.taxtmi.com/caselaws?id=297173 The appeal filed by the assessee was partly allowed, partly dismissed, and partly allowed for statistical purposes, while the appeal of the Revenue was dismissed. The Tribunal examined various grounds, directing fresh verification where necessary and upholding the CIT(A)'s findings where appropriate. The Tribunal found in favor of the assessee on certain additions, such as old ICDs and relief granted by the CIT(A), but upheld disallowances on expenses like foreign traveling and legal/professional expenses. The Tribunal's decision involved a detailed analysis of each issue, ensuring due process and adherence to relevant legal principles. en-us Wed, 23 Mar 2016 00:00:00 +0530 Sun, 22 Aug 2021 12:07:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297173 The appeal filed by the assessee was partly allowed, partly dismissed, and partly allowed for statistical purposes, while the appeal of the Revenue was dismissed. The Tribunal examined various grounds, directing fresh verification where necessary and upholding the CIT(A)'s findings where appropriate. The Tribunal found in favor of the assessee on certain additions, such as old ICDs and relief granted by the CIT(A), but upheld disallowances on expenses like foreign traveling and legal/professional expenses. The Tribunal's decision involved a detailed analysis of each issue, ensuring due process and adherence to relevant legal principles. Case-Laws Income Tax Wed, 23 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297173