https://www.taxtmi.com/caselaws?id=439955 The Income Tax Appellate Tribunal (ITAT) ruled in favor of the appellant, deleting the entire disallowance of Rs. 5,22,614/- made by the authorities. The ITAT found that the expenses in question belonged to the company, not the appellant, and any disallowance should be attributed to the company. The ITAT emphasized the lack of complete information provided to the appellant and remanded the issue back to the Assessing Officer for further consideration. Ultimately, the appeal of the appellant was allowed, with the judgment pronounced on 01/06/2023. en-us Thu, 01 Jun 2023 00:00:00 +0530 Thu, 06 Jul 2023 07:56:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439955 The Income Tax Appellate Tribunal (ITAT) ruled in favor of the appellant, deleting the entire disallowance of Rs. 5,22,614/- made by the authorities. The ITAT found that the expenses in question belonged to the company, not the appellant, and any disallowance should be attributed to the company. The ITAT emphasized the lack of complete information provided to the appellant and remanded the issue back to the Assessing Officer for further consideration. Ultimately, the appeal of the appellant was allowed, with the judgment pronounced on 01/06/2023. Case-Laws Income Tax Thu, 01 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439955