https://www.taxtmi.com/caselaws?id=440623 The Tribunal allowed the appeals against the NFAC order for the assessment years 2015-16 & 2016-17. It held that the disallowance of expenses on wages paid in cash and other additions made by the AO were not legally sustainable. The Tribunal found that the expenses were genuine and incurred for business purposes, deleting the additions based on a consistent view taken in similar cases. As a result, both appeals in ITA Nos.170 & 171/Bang/2023 were allowed. en-us Thu, 25 May 2023 00:00:00 +0530 Fri, 21 Jul 2023 09:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440623 The Tribunal allowed the appeals against the NFAC order for the assessment years 2015-16 & 2016-17. It held that the disallowance of expenses on wages paid in cash and other additions made by the AO were not legally sustainable. The Tribunal found that the expenses were genuine and incurred for business purposes, deleting the additions based on a consistent view taken in similar cases. As a result, both appeals in ITA Nos.170 & 171/Bang/2023 were allowed. Case-Laws Income Tax Thu, 25 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440623