https://www.taxtmi.com/caselaws?id=304683 The Tribunal allowed the appeal, directing the Assessing Officer to delete the disallowed amount of Rs.61,08,550, finding the disallowance unsustainable in law and unsupported by the facts of the case. The Tribunal criticized the hyper-technical approach of the authorities and emphasized that the amount advanced by the appellant was not recoverable, ultimately ruling in favor of the appellant. en-us Wed, 31 May 2017 00:00:00 +0530 Fri, 14 Oct 2022 20:57:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304683 The Tribunal allowed the appeal, directing the Assessing Officer to delete the disallowed amount of Rs.61,08,550, finding the disallowance unsustainable in law and unsupported by the facts of the case. The Tribunal criticized the hyper-technical approach of the authorities and emphasized that the amount advanced by the appellant was not recoverable, ultimately ruling in favor of the appellant. Case-Laws Income Tax Wed, 31 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304683