https://www.taxtmi.com/caselaws?id=256320 The Tribunal partially allowed the Revenue's appeal, reinstating the Assessing Officer's orders on the disallowance under Section 14A and the addition of profits on the sale of plots. The Tribunal directed the CIT(A) to reassess the disallowance of Professional/Consultancy/Survey fees, emphasizing that expenses should be related to the current year and genuine business expenses only should be allowed. en-us Fri, 23 Jan 2015 00:00:00 +0530 Tue, 10 Feb 2015 06:43:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256320 The Tribunal partially allowed the Revenue's appeal, reinstating the Assessing Officer's orders on the disallowance under Section 14A and the addition of profits on the sale of plots. The Tribunal directed the CIT(A) to reassess the disallowance of Professional/Consultancy/Survey fees, emphasizing that expenses should be related to the current year and genuine business expenses only should be allowed. Case-Laws Income Tax Fri, 23 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256320