https://www.taxtmi.com/caselaws?id=259276 The Tribunal allowed the Assessee's appeals for AYs 2006-07, 2007-08, and partly for AY 2008-09, directing the deletion of various disallowances including administrative expenses, liquidated damages, bad debts, provision for warranty expenses, interest expenses, proportionate interest expenses, royalty expenses, and provision for bad advances written off. The Revenue's appeals were partly allowed for statistical purposes, with issues restored to the AO for fresh adjudication, maintaining consistency with prior decisions and precedents. en-us Fri, 17 Apr 2015 00:00:00 +0530 Mon, 04 May 2015 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259276 The Tribunal allowed the Assessee's appeals for AYs 2006-07, 2007-08, and partly for AY 2008-09, directing the deletion of various disallowances including administrative expenses, liquidated damages, bad debts, provision for warranty expenses, interest expenses, proportionate interest expenses, royalty expenses, and provision for bad advances written off. The Revenue's appeals were partly allowed for statistical purposes, with issues restored to the AO for fresh adjudication, maintaining consistency with prior decisions and precedents. Case-Laws Income Tax Fri, 17 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259276