https://www.taxtmi.com/caselaws?id=209724 The Tribunal partly allowed the appeal related to the assessment year 2001-02, directing the assessing authority to revise the assessment. The disallowances of expenses incurred on diesel and oil, machinery maintenance expenses, and running expenditure were adjusted, with the Tribunal reducing disallowed amounts and instructing the assessing authority to allow the balance of expenditure in certain instances. The disallowance of expenses related to crane and poclain was upheld, emphasizing the necessity of maintaining a balance between claimed expenses and actual operations. en-us Tue, 03 Jan 2012 00:00:00 +0530 Sat, 04 Feb 2012 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209724 The Tribunal partly allowed the appeal related to the assessment year 2001-02, directing the assessing authority to revise the assessment. The disallowances of expenses incurred on diesel and oil, machinery maintenance expenses, and running expenditure were adjusted, with the Tribunal reducing disallowed amounts and instructing the assessing authority to allow the balance of expenditure in certain instances. The disallowance of expenses related to crane and poclain was upheld, emphasizing the necessity of maintaining a balance between claimed expenses and actual operations. Case-Laws Income Tax Tue, 03 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209724