https://www.taxtmi.com/caselaws?id=252700 The High Court ruled in favor of the company, holding that administrative expenses were only applicable to the community center and not the residential quarters as misinterpreted from the meeting minutes. The Court clarified that no income accrued for the residential quarters if the Government did not agree to pay overhead expenses, leading to the deletion of the added amount of Rs. 35,57,615. en-us Mon, 27 Oct 2014 00:00:00 +0530 Sat, 01 Nov 2014 06:26:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252700 The High Court ruled in favor of the company, holding that administrative expenses were only applicable to the community center and not the residential quarters as misinterpreted from the meeting minutes. The Court clarified that no income accrued for the residential quarters if the Government did not agree to pay overhead expenses, leading to the deletion of the added amount of Rs. 35,57,615. Case-Laws Income Tax Mon, 27 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252700