https://www.taxtmi.com/caselaws?id=303108 The Tribunal dismissed the Revenue's appeal challenging the disallowance under section 36(1)(viii) of the Income Tax Act, upholding the Commissioner of Income-tax (Appeals) order. The Tribunal relied on precedents where relief was granted to the assessee for consistent application of the deduction methodology. Emphasizing the accepted methodology and lack of changes in facts or law, the Tribunal upheld the decision based on established legal principles, leading to the dismissal of the Revenue's appeal. en-us Thu, 14 Oct 2021 00:00:00 +0530 Tue, 05 Jul 2022 08:12:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303108 The Tribunal dismissed the Revenue's appeal challenging the disallowance under section 36(1)(viii) of the Income Tax Act, upholding the Commissioner of Income-tax (Appeals) order. The Tribunal relied on precedents where relief was granted to the assessee for consistent application of the deduction methodology. Emphasizing the accepted methodology and lack of changes in facts or law, the Tribunal upheld the decision based on established legal principles, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Thu, 14 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303108