https://www.taxtmi.com/caselaws?id=251324 The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal, directing verification and allowance of various expenses incurred by the assessee. It upheld the CIT(A)'s decision on the computation of book profit under Section 115JB and allowed claims for conveyance expenses, depreciation, and waiver of the principal loan amount. The Tribunal remanded the issue of the increase in the value of land for further adjudication. en-us Wed, 23 Apr 2014 00:00:00 +0530 Tue, 09 Sep 2014 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251324 The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal, directing verification and allowance of various expenses incurred by the assessee. It upheld the CIT(A)'s decision on the computation of book profit under Section 115JB and allowed claims for conveyance expenses, depreciation, and waiver of the principal loan amount. The Tribunal remanded the issue of the increase in the value of land for further adjudication. Case-Laws Income Tax Wed, 23 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251324