https://www.taxtmi.com/caselaws?id=432277 The revenue's appeal challenging various deductions and disallowances was dismissed by the Tribunal. The Tribunal upheld the CIT(A)'s decisions on allowing deductions under Section 80G, deletion of disallowances for traveling and foreign travel expenses, treatment of sale proceeds from scrap as business income, and deletion of guest house expenses. Additionally, the Tribunal supported the CIT(A)'s ruling on deductions under Sections 32AB and 33AB due to amalgamation. The assessee's cross-objection was also dismissed. The Tribunal found in favor of the CIT(A)'s interpretations and application of the law, resulting in the dismissal of both the revenue's appeal and the assessee's cross-objection. en-us Tue, 20 Dec 2022 00:00:00 +0530 Mon, 02 Jan 2023 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432277 The revenue's appeal challenging various deductions and disallowances was dismissed by the Tribunal. The Tribunal upheld the CIT(A)'s decisions on allowing deductions under Section 80G, deletion of disallowances for traveling and foreign travel expenses, treatment of sale proceeds from scrap as business income, and deletion of guest house expenses. Additionally, the Tribunal supported the CIT(A)'s ruling on deductions under Sections 32AB and 33AB due to amalgamation. The assessee's cross-objection was also dismissed. The Tribunal found in favor of the CIT(A)'s interpretations and application of the law, resulting in the dismissal of both the revenue's appeal and the assessee's cross-objection. Case-Laws Income Tax Tue, 20 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432277