https://www.taxtmi.com/caselaws?id=441391 The Tribunal allowed the appeal filed by the assessee for statistical purposes. The disallowances of advances and bad debts written off were accepted as valid in the revised return. The disallowance of leave encashment was remanded for fresh adjudication. Disallowance of depreciation was directed to be deleted. The issue of disallowance under Section 40A(3) was remanded for re-verification. The addition due to differences in profit was accepted. The Tribunal overturned lower authorities' orders and directed fresh adjudication where necessary, with the decision announced on March 20, 2023. en-us Mon, 20 Mar 2023 00:00:00 +0530 Mon, 07 Aug 2023 16:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441391 The Tribunal allowed the appeal filed by the assessee for statistical purposes. The disallowances of advances and bad debts written off were accepted as valid in the revised return. The disallowance of leave encashment was remanded for fresh adjudication. Disallowance of depreciation was directed to be deleted. The issue of disallowance under Section 40A(3) was remanded for re-verification. The addition due to differences in profit was accepted. The Tribunal overturned lower authorities' orders and directed fresh adjudication where necessary, with the decision announced on March 20, 2023. Case-Laws Income Tax Mon, 20 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441391