https://www.taxtmi.com/caselaws?id=421654 The tribunal allowed the appeal of the assessee, emphasizing the importance of a thorough analysis of the facts and correct interpretation of the provisions of the Income Tax Act to avoid erroneous disallowances under section 43B. The tribunal concluded that the disallowances made were not justified as the amounts in question were not required to be added back to the income under section 43B. The appeal was allowed, and the additions made under section 43B were deleted. en-us Wed, 27 Apr 2022 00:00:00 +0530 Fri, 29 Apr 2022 08:18:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421654 The tribunal allowed the appeal of the assessee, emphasizing the importance of a thorough analysis of the facts and correct interpretation of the provisions of the Income Tax Act to avoid erroneous disallowances under section 43B. The tribunal concluded that the disallowances made were not justified as the amounts in question were not required to be added back to the income under section 43B. The appeal was allowed, and the additions made under section 43B were deleted. Case-Laws Income Tax Wed, 27 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421654