The Appellate Tribunal addressed various issues: disallowance of provisions for waste disposal expenses...

The Appellate Tribunal addressed various issues: disallowance of provisions for waste disposal expenses due to lack of evidence and scientific basis, upheld disallowance of provision for sales return as anticipated loss, remanded TDS liability on expenses for verification, and ruled in favor of the assessee regarding bogus purchases from Jammu and Kashmir-based parties. The Tribunal directed verification of credited provision amounts and granted relief for subsequent years. It emphasized the need for substantiating TDS compliance and rejected the disallowance of purchases based solely on unresponded notices, considering other evidence provided. .....

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