Tax authorities to reassess salary expenses afresh without relying on earlier audit report.

The High Court has set aside the impugned assessment order concerning salary expenses and remitted the matter back to the tax authorities for a fresh assessment. The authorities are instructed to reassess the salary expenses independently without relying on the previous special audit report under section 142(2A) for earlier years. The disallowance of the entire salary expenses was found to be unsustainable, and the authorities are to make a new decision in accordance with the law. .....

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