https://www.taxtmi.com/caselaws?id=221355 The appeal in ITA No.5913/M/09 for the assessment year 2003-04 was allowed, while those in ITA Nos. 2972/M/06 and 4476/M/06 were partly allowed. The Tribunal ruled in favor of the assessee on various issues including disallowance of notional interest, inclusion of excise duty and sales tax in total turnover, and applicability of provisions of section 80IA(9). The Tribunal also deleted the penalty levied under section 271(1)(c) considering it a bonafide mistake. en-us Fri, 20 Jan 2012 00:00:00 +0530 Thu, 07 Mar 2013 10:19:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221355 The appeal in ITA No.5913/M/09 for the assessment year 2003-04 was allowed, while those in ITA Nos. 2972/M/06 and 4476/M/06 were partly allowed. The Tribunal ruled in favor of the assessee on various issues including disallowance of notional interest, inclusion of excise duty and sales tax in total turnover, and applicability of provisions of section 80IA(9). The Tribunal also deleted the penalty levied under section 271(1)(c) considering it a bonafide mistake. Case-Laws Income Tax Fri, 20 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221355