Expenditure Disallowance Sent Back Due to Lack of Verification of Evidence

DCIT Vs Hoysala Projects Pvt. Ltd. (ITAT Bangalore) The appeal filed by the Revenue arose from the order of the Commissioner of Income Tax (Appeals)/NFAC dated 25.02.2025 for the assessment year 2017–18. The Revenue’s appeal was delayed by 176 days; however, the Tribunal condoned the delay after accepting the explanation as a sufficient cause and admitted the appeal for adjudication. The assessee had originally filed its return of income declaring total income under normal provisions and book profit under Minimum Alternate Tax. The return was processed under Section 143(1), and later the c...