https://www.taxtmi.com/caselaws?id=303447 The Appellate Tribunal remanded various disallowances back to the Assessing Officer for reconsideration. The Tribunal directed a review of the diversion of funds for dividends, disallowance under section 40A(3), certain expenditures under section 43B, bad debts written off, prior-period expenses, and unabsorbed business loss and depreciation. The Tribunal emphasized providing detailed orders and fair opportunities for both parties to present their cases. Ultimately, the appeal was allowed for statistical purposes, with the decision based on procedural grounds. en-us Mon, 14 Mar 2022 00:00:00 +0530 Sat, 23 Jul 2022 09:01:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303447 The Appellate Tribunal remanded various disallowances back to the Assessing Officer for reconsideration. The Tribunal directed a review of the diversion of funds for dividends, disallowance under section 40A(3), certain expenditures under section 43B, bad debts written off, prior-period expenses, and unabsorbed business loss and depreciation. The Tribunal emphasized providing detailed orders and fair opportunities for both parties to present their cases. Ultimately, the appeal was allowed for statistical purposes, with the decision based on procedural grounds. Case-Laws Income Tax Mon, 14 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303447