https://www.taxtmi.com/caselaws?id=302540 The ITAT set aside the CIT(A) order, directing reassessment of disallowances under sec. 80P(2)(a)(i) and 80P(2)(d) of the Income-tax Act, following a new Supreme Court ruling. The addition under sec. 68 was deemed unjustified due to flawed reasoning by the AO, leading to deletion of the disallowance. The appeal was allowed for statistical purposes. en-us Fri, 18 Feb 2022 00:00:00 +0530 Tue, 27 Aug 2024 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302540 The ITAT set aside the CIT(A) order, directing reassessment of disallowances under sec. 80P(2)(a)(i) and 80P(2)(d) of the Income-tax Act, following a new Supreme Court ruling. The addition under sec. 68 was deemed unjustified due to flawed reasoning by the AO, leading to deletion of the disallowance. The appeal was allowed for statistical purposes. Case-Laws Income Tax Fri, 18 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302540