https://www.taxtmi.com/caselaws?id=434757 The Tribunal upheld the CIT (A)'s decision to delete the addition under Section 41(1) of the Income Tax Act, emphasizing the absence of evidence supporting cessation of liability. Additionally, the Tribunal confirmed the deletion of the ad hoc disallowance of expenses, noting the lack of proper basis for the disallowance. Consequently, the appeal filed by the Income Tax Officer was dismissed, highlighting the necessity of substantiating additions or disallowances in tax assessments for fairness and compliance with legal requirements. en-us Wed, 22 Feb 2023 00:00:00 +0530 Fri, 03 Mar 2023 08:38:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434757 The Tribunal upheld the CIT (A)'s decision to delete the addition under Section 41(1) of the Income Tax Act, emphasizing the absence of evidence supporting cessation of liability. Additionally, the Tribunal confirmed the deletion of the ad hoc disallowance of expenses, noting the lack of proper basis for the disallowance. Consequently, the appeal filed by the Income Tax Officer was dismissed, highlighting the necessity of substantiating additions or disallowances in tax assessments for fairness and compliance with legal requirements. Case-Laws Income Tax Wed, 22 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434757