https://www.taxtmi.com/caselaws?id=456844 The Revenue did not press two questions concerning the Section 14A disallowance and the reduction of an ad hoc disallowance for various expenses, so those issues were recorded as not pursued. The Court retained for further consideration the question whether the multiplicative factor of "1" applied to the property sold by the assessee, and the question whether the Tribunal was correct in upholding the reduced disallowance for packing and allied expenses for want of supporting evidence. On both retained issues, the parties were permitted to file short written submissions within the time directed, and no final determination on the merits was made. en-us Wed, 17 Aug 2022 00:00:00 +0530 Tue, 20 Aug 2024 23:42:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456844 The Revenue did not press two questions concerning the Section 14A disallowance and the reduction of an ad hoc disallowance for various expenses, so those issues were recorded as not pursued. The Court retained for further consideration the question whether the multiplicative factor of "1" applied to the property sold by the assessee, and the question whether the Tribunal was correct in upholding the reduced disallowance for packing and allied expenses for want of supporting evidence. On both retained issues, the parties were permitted to file short written submissions within the time directed, and no final determination on the merits was made. Case-Laws Income Tax Wed, 17 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456844