https://www.taxtmi.com/caselaws?id=244472 The Tribunal upheld the CIT(A)'s decisions, dismissing the revenue's appeal. The disallowance of Rs. 2,96,519/- was deemed unwarranted as the expenses were legitimate for the integrated business. Additionally, the addition of Rs. 26,07,858/- was invalidated due to ongoing litigation with M/s. Tajikistan Airlines. The Tribunal affirmed that the amount could not be treated as income until the liability was resolved. The revenue's appeal lacked merit and was consequently dismissed. en-us Fri, 14 Feb 2014 00:00:00 +0530 Thu, 27 Feb 2014 08:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244472 The Tribunal upheld the CIT(A)'s decisions, dismissing the revenue's appeal. The disallowance of Rs. 2,96,519/- was deemed unwarranted as the expenses were legitimate for the integrated business. Additionally, the addition of Rs. 26,07,858/- was invalidated due to ongoing litigation with M/s. Tajikistan Airlines. The Tribunal affirmed that the amount could not be treated as income until the liability was resolved. The revenue's appeal lacked merit and was consequently dismissed. Case-Laws Income Tax Fri, 14 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244472