https://www.taxtmi.com/caselaws?id=215911 The Tribunal partially allowed the appeal, directing the AO to permit proportionate interest expenditure for the completed project and capitalize the remaining interest. Disallowances of development charges, extra payments, and audit fees were upheld. The Tribunal found no evidence of TDS deduction on audit fees but noted the possibility of seeking relief in subsequent years. en-us Thu, 28 Jun 2012 00:00:00 +0530 Wed, 22 Aug 2012 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215911 The Tribunal partially allowed the appeal, directing the AO to permit proportionate interest expenditure for the completed project and capitalize the remaining interest. Disallowances of development charges, extra payments, and audit fees were upheld. The Tribunal found no evidence of TDS deduction on audit fees but noted the possibility of seeking relief in subsequent years. Case-Laws Income Tax Thu, 28 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215911