https://www.taxtmi.com/highlights?id=76665 The Appellate Tribunal addressed three main issues raised by the Assessee against the assessment order. Firstly, regarding the disallowance of job work charges to a sister concern, the Tribunal found that the authorities failed to conduct a comparative study, leading to the deletion of the disallowance. Secondly, the adhoc disallowance on job work charges was deemed unjustified due to lack of evidence supporting the Assessing Officer's decision, resulting in its deletion. Finally, the addition of duty drawback incentive was dismissed as the Assessee was not aggrieved by the issue and relief was already provided by the CIT(A). en-us Wed, 17 Apr 2024 12:17:07 +0530 Wed, 17 Apr 2024 12:17:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=76665 The Appellate Tribunal addressed three main issues raised by the Assessee against the assessment order. Firstly, regarding the disallowance of job work charges to a sister concern, the Tribunal found that the authorities failed to conduct a comparative study, leading to the deletion of the disallowance. Secondly, the adhoc disallowance on job work charges was deemed unjustified due to lack of evidence supporting the Assessing Officer's decision, resulting in its deletion. Finally, the addition of duty drawback incentive was dismissed as the Assessee was not aggrieved by the issue and relief was already provided by the CIT(A). Highlights Income Tax Wed, 17 Apr 2024 12:17:07 +0530 https://www.taxtmi.com/highlights?id=76665