https://www.taxtmi.com/caselaws?id=71744 The ITAT Pune partially allowed the revenue's appeal in a case involving various tax issues. The key outcomes included upholding the second year for claiming 80J relief, considering the original cost of assets for scientific research in capital computation, directing verification of foreign travel expenses for weighted deduction, treating loss on diesel generators as short-term capital loss, allowing ex gratia payment to staff as revenue expenditure, and restricting disallowance for tax consultancy expenses under section 80VV. The decisions were based on detailed analysis and reasoning provided by the tribunal. en-us Fri, 12 Mar 1982 00:00:00 +0530 Tue, 26 Apr 2011 18:05:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71744 The ITAT Pune partially allowed the revenue's appeal in a case involving various tax issues. The key outcomes included upholding the second year for claiming 80J relief, considering the original cost of assets for scientific research in capital computation, directing verification of foreign travel expenses for weighted deduction, treating loss on diesel generators as short-term capital loss, allowing ex gratia payment to staff as revenue expenditure, and restricting disallowance for tax consultancy expenses under section 80VV. The decisions were based on detailed analysis and reasoning provided by the tribunal. Case-Laws Income Tax Fri, 12 Mar 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71744