https://www.taxtmi.com/caselaws?id=243972 The Tribunal dismissed the revenue's appeal, upholding CIT(A)'s decisions on allowing demurrage charges as business expenditure due to contract failure, permitting deduction of security charges, warehouse maintenance charges, and supervision charges linked to income generation, and deleting the disallowance of rent for TDS non-deduction. The Tribunal emphasized the assessee's compliance with statutory requirements and affirmed CIT(A)'s reasoning based on prudent business decisions and legal precedents, resulting in the rejection of the revenue's challenges across all issues raised in the appeal. en-us Thu, 30 Jan 2014 00:00:00 +0530 Fri, 14 Feb 2014 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243972 The Tribunal dismissed the revenue's appeal, upholding CIT(A)'s decisions on allowing demurrage charges as business expenditure due to contract failure, permitting deduction of security charges, warehouse maintenance charges, and supervision charges linked to income generation, and deleting the disallowance of rent for TDS non-deduction. The Tribunal emphasized the assessee's compliance with statutory requirements and affirmed CIT(A)'s reasoning based on prudent business decisions and legal precedents, resulting in the rejection of the revenue's challenges across all issues raised in the appeal. Case-Laws Income Tax Thu, 30 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243972