https://www.taxtmi.com/caselaws?id=779082 ITAT upheld the CIT(A)'s deletion of an AO's disallowance of director's salary, noting the director (foreign national) declared remuneration in her return and AO offered no justification to sustain disallowance. The tribunal also set aside additions based on a fall in gross and net profit and the AO's rejection of books, finding the AO made summary additions without calling for specific explanations, identifying defects, or adducing cogent reasons; business decisions affecting profit margins do not justify summary disallowances. All revenue grounds were dismissed. en-us Mon, 22 Sep 2025 00:00:00 +0530 Sat, 27 Sep 2025 08:34:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779082 ITAT upheld the CIT(A)'s deletion of an AO's disallowance of director's salary, noting the director (foreign national) declared remuneration in her return and AO offered no justification to sustain disallowance. The tribunal also set aside additions based on a fall in gross and net profit and the AO's rejection of books, finding the AO made summary additions without calling for specific explanations, identifying defects, or adducing cogent reasons; business decisions affecting profit margins do not justify summary disallowances. All revenue grounds were dismissed. Case-Laws Income Tax Mon, 22 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779082