https://www.taxtmi.com/caselaws?id=311963 The Tribunal ruled in favor of the assessee, allowing their appeal and ordering the deletion of the disallowance under section 40(a)(ia) of the Income Tax Act, as no expenditure was claimed. The Revenue's appeal was dismissed, with the Tribunal finding no grounds for addition under section 40(a)(ia). The Tribunal also upheld the CIT(A)'s decision regarding unreconciled receipts, concluding that the disallowance was unjustified due to variations in accounting methods. The order was pronounced on 13.02.2015. en-us Fri, 13 Feb 2015 00:00:00 +0530 Wed, 24 Jan 2024 19:04:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311963 The Tribunal ruled in favor of the assessee, allowing their appeal and ordering the deletion of the disallowance under section 40(a)(ia) of the Income Tax Act, as no expenditure was claimed. The Revenue's appeal was dismissed, with the Tribunal finding no grounds for addition under section 40(a)(ia). The Tribunal also upheld the CIT(A)'s decision regarding unreconciled receipts, concluding that the disallowance was unjustified due to variations in accounting methods. The order was pronounced on 13.02.2015. Case-Laws Income Tax Fri, 13 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311963