https://www.taxtmi.com/caselaws?id=424128 The appeals filed by both the assessee and the Revenue were allowed for statistical purposes. The Tribunal condoned the delay in filing appeals, admitted them for adjudication, and remanded specific issues to the Assessing Officer for further verification and computation in line with its directions and relevant judicial precedents. The disallowance of deduction under Section 36(1)(viii) was partially upheld, with certain aspects remanded for clarification. Similarly, the disallowance of expenditure related to exempt income and employees' contribution to PF & ESI were also remanded for fresh verification and computation. en-us Wed, 15 Jun 2022 00:00:00 +0530 Wed, 22 Jun 2022 09:16:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424128 The appeals filed by both the assessee and the Revenue were allowed for statistical purposes. The Tribunal condoned the delay in filing appeals, admitted them for adjudication, and remanded specific issues to the Assessing Officer for further verification and computation in line with its directions and relevant judicial precedents. The disallowance of deduction under Section 36(1)(viii) was partially upheld, with certain aspects remanded for clarification. Similarly, the disallowance of expenditure related to exempt income and employees' contribution to PF & ESI were also remanded for fresh verification and computation. Case-Laws Income Tax Wed, 15 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424128