Dismissing the appeal of the Revenue the Tribunal held that the disallowance deserved to be upheld only to the extent of the working since the assessee suo motu had provided a working restricting the disallowance. (AY.2007-08)
ACIT v. United Shippers Ltd. (2022) 97 ITR 94 (Mum)(Trib)
S. 14A : Disallowance of expenditure-Exempt income-Administrative expenses-Suo motu disallowance-Order of CIT(A) deleting the addition made by the Assessing Officer was affirmed. [R. 8D]