https://www.taxtmi.com/caselaws?id=204855 The Tribunal partly allowed the appeal for the assessment year 2002-03, fully allowed the appeal for the assessment year 2003-04, and quashed the revision order under section 263 for the assessment year 2003-04. The Tribunal directed the AO to delete entries related to understatement of profits on coal in transit, allowed provision for incremental wages under NCWA, disallowed charges treated as penal while allowing business expenses, dismissed a ground on rebate receipt, directed interest charges under specified sections, and overturned the revision order disallowing provisions for wages under NCWA-VII. en-us Tue, 30 Jun 2009 00:00:00 +0530 Mon, 04 Jul 2016 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204855 The Tribunal partly allowed the appeal for the assessment year 2002-03, fully allowed the appeal for the assessment year 2003-04, and quashed the revision order under section 263 for the assessment year 2003-04. The Tribunal directed the AO to delete entries related to understatement of profits on coal in transit, allowed provision for incremental wages under NCWA, disallowed charges treated as penal while allowing business expenses, dismissed a ground on rebate receipt, directed interest charges under specified sections, and overturned the revision order disallowing provisions for wages under NCWA-VII. Case-Laws Income Tax Tue, 30 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204855