https://www.taxtmi.com/caselaws?id=423727 The Appellate Tribunal partially allowed the appeal concerning the delay in filing and the disallowance of expenses incurred for organizing a golf tournament. The Tribunal condoned the delay in filing the appeal due to the assessee receiving an incomplete order. However, it upheld the disallowance of the majority of the tournament expenses, as they were not deemed directly related to the educational objectives of the Trust. The sponsorship amount received for the tournament was deducted from the total expenses, resulting in a partial allowance of the appeal, with a portion of the expenses being sustained as not spent for the Trust's objectives. en-us Fri, 10 Jun 2022 00:00:00 +0530 Mon, 13 Jun 2022 14:08:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423727 The Appellate Tribunal partially allowed the appeal concerning the delay in filing and the disallowance of expenses incurred for organizing a golf tournament. The Tribunal condoned the delay in filing the appeal due to the assessee receiving an incomplete order. However, it upheld the disallowance of the majority of the tournament expenses, as they were not deemed directly related to the educational objectives of the Trust. The sponsorship amount received for the tournament was deducted from the total expenses, resulting in a partial allowance of the appeal, with a portion of the expenses being sustained as not spent for the Trust's objectives. Case-Laws Income Tax Fri, 10 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423727