https://www.taxtmi.com/caselaws?id=459608 ITAT Mumbai allowed the assessee's appeal regarding operational lease rental provisions, finding consistent accounting treatment over years and following previous tribunal decisions. The tribunal deleted disallowance of enhancement customization expenses and facility management charges, treating them as revenue expenditure based on prior year rulings. For TDS disallowance under section 40(a)(ia), the matter was remanded to CIT(A) for proper verification with remand report from AO. The tribunal upheld CIT(A)'s deletion of ad-hoc expense disallowances, noting AO failed to identify specific deficiencies in supporting documents and made presumptions without proper quantification of personal elements. en-us Wed, 28 Feb 2024 00:00:00 +0530 Thu, 19 Dec 2024 18:58:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459608 ITAT Mumbai allowed the assessee's appeal regarding operational lease rental provisions, finding consistent accounting treatment over years and following previous tribunal decisions. The tribunal deleted disallowance of enhancement customization expenses and facility management charges, treating them as revenue expenditure based on prior year rulings. For TDS disallowance under section 40(a)(ia), the matter was remanded to CIT(A) for proper verification with remand report from AO. The tribunal upheld CIT(A)'s deletion of ad-hoc expense disallowances, noting AO failed to identify specific deficiencies in supporting documents and made presumptions without proper quantification of personal elements. Case-Laws Income Tax Wed, 28 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459608