https://www.taxtmi.com/caselaws?id=413511 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of service expenses incurred by the assessee. The Revenue's challenges regarding the validity of the agreement for sharing expenses, justification of expenses, lack of evidence, business purpose of expenses, and disallowance without proper reasons were dismissed. The Tribunal emphasized the business purpose of the expenses, accepted the assessee's justifications and evidence, and criticized the AO for lacking proper reasons for disallowance. The appeal filed by the Revenue was dismissed. en-us Fri, 08 Oct 2021 00:00:00 +0530 Wed, 13 Oct 2021 08:44:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413511 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of service expenses incurred by the assessee. The Revenue's challenges regarding the validity of the agreement for sharing expenses, justification of expenses, lack of evidence, business purpose of expenses, and disallowance without proper reasons were dismissed. The Tribunal emphasized the business purpose of the expenses, accepted the assessee's justifications and evidence, and criticized the AO for lacking proper reasons for disallowance. The appeal filed by the Revenue was dismissed. Case-Laws Income Tax Fri, 08 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413511