https://www.taxtmi.com/caselaws?id=252262 The Tax Appeal was dismissed, with all issues resolved in favor of the assessee. The Tribunal's decisions aligned with established precedents, allowing benefits of netting expenses, deleting disallowances of interest and sales for deduction calculations, recalculation of interest expenditure, and permitting depreciation on project expenses. The court upheld these decisions, emphasizing the nexus between various incomes and deductions under relevant sections. en-us Tue, 02 Sep 2014 00:00:00 +0530 Wed, 15 Oct 2014 18:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252262 The Tax Appeal was dismissed, with all issues resolved in favor of the assessee. The Tribunal's decisions aligned with established precedents, allowing benefits of netting expenses, deleting disallowances of interest and sales for deduction calculations, recalculation of interest expenditure, and permitting depreciation on project expenses. The court upheld these decisions, emphasizing the nexus between various incomes and deductions under relevant sections. Case-Laws Income Tax Tue, 02 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252262