https://www.taxtmi.com/caselaws?id=256777 The High Court set aside the Tribunal's decision in a tax dispute case involving disallowance under Section 40(a)(ia), finding of the Tribunal on the first year of business and monetary limit breach, and the addition of material and labor costs supplied by the main contractor. The Court directed a fresh consideration of the appeal, allowing the appellant an opportunity to present all grounds afresh. The matter was restored back to the Tribunal for reevaluation in light of the detailed discussions and legal principles outlined in the judgment. en-us Wed, 18 Feb 2015 00:00:00 +0530 Sat, 07 Nov 2015 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256777 The High Court set aside the Tribunal's decision in a tax dispute case involving disallowance under Section 40(a)(ia), finding of the Tribunal on the first year of business and monetary limit breach, and the addition of material and labor costs supplied by the main contractor. The Court directed a fresh consideration of the appeal, allowing the appellant an opportunity to present all grounds afresh. The matter was restored back to the Tribunal for reevaluation in light of the detailed discussions and legal principles outlined in the judgment. Case-Laws Income Tax Wed, 18 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256777