https://www.taxtmi.com/caselaws?id=413673 The Tribunal upheld the decision of the ld. CIT (A) to delete the disallowance of expenses under section 37(1) of the Income Tax Act, 1961 related to 'job charges'. The Tribunal found that the increase in expenses was proportionate to the increase in turnover, and no discrepancies were identified in the books of accounts. The Tribunal emphasized the importance of providing specific reasons for disallowing expenses and declined to interfere with the order of the ld. CIT (A). en-us Wed, 08 Sep 2021 00:00:00 +0530 Mon, 18 Oct 2021 09:28:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413673 The Tribunal upheld the decision of the ld. CIT (A) to delete the disallowance of expenses under section 37(1) of the Income Tax Act, 1961 related to 'job charges'. The Tribunal found that the increase in expenses was proportionate to the increase in turnover, and no discrepancies were identified in the books of accounts. The Tribunal emphasized the importance of providing specific reasons for disallowing expenses and declined to interfere with the order of the ld. CIT (A). Case-Laws Income Tax Wed, 08 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413673