https://www.taxtmi.com/caselaws?id=242002 The Tribunal dismissed the Revenue's appeal, upholding the CIT (A)'s decisions regarding the disallowance under section 40(a)(ia) of the Act and the electricity expenses. The Tribunal found the expenses were reimbursement expenses not attracting section 40(a)(ia) and that the electricity charges were incurred solely for business purposes. Emphasizing the absence of any profit element in the payments, the Tribunal affirmed the CIT (A)'s orders, concluding that the expenses were related to the business operations of the assessee. en-us Wed, 15 May 2013 00:00:00 +0530 Mon, 06 Jan 2014 06:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242002 The Tribunal dismissed the Revenue's appeal, upholding the CIT (A)'s decisions regarding the disallowance under section 40(a)(ia) of the Act and the electricity expenses. The Tribunal found the expenses were reimbursement expenses not attracting section 40(a)(ia) and that the electricity charges were incurred solely for business purposes. Emphasizing the absence of any profit element in the payments, the Tribunal affirmed the CIT (A)'s orders, concluding that the expenses were related to the business operations of the assessee. Case-Laws Income Tax Wed, 15 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242002