https://www.taxtmi.com/caselaws?id=260362 The Revenue's appeal challenging various additions and disallowances for different assessment years was largely dismissed. The Tribunal upheld the CIT(A)'s decisions to delete additions on account of mobilization advance, cessation of liability, and retention money, citing precedents and lack of concrete findings by the AO. Disallowances of labor charges and Director's remuneration were partly allowed for further inquiries or statistical purposes. The Tribunal consistently favored the assessee on Director's remuneration disallowance under section 40A(2) for both years, noting no change in circumstances. Overall, the Revenue's appeals for AY 2007-08, 2009-10 were dismissed, while the assessee's appeals for AY 2008-09 had mixed outcomes. en-us Wed, 13 May 2015 00:00:00 +0530 Tue, 09 Jun 2015 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260362 The Revenue's appeal challenging various additions and disallowances for different assessment years was largely dismissed. The Tribunal upheld the CIT(A)'s decisions to delete additions on account of mobilization advance, cessation of liability, and retention money, citing precedents and lack of concrete findings by the AO. Disallowances of labor charges and Director's remuneration were partly allowed for further inquiries or statistical purposes. The Tribunal consistently favored the assessee on Director's remuneration disallowance under section 40A(2) for both years, noting no change in circumstances. Overall, the Revenue's appeals for AY 2007-08, 2009-10 were dismissed, while the assessee's appeals for AY 2008-09 had mixed outcomes. Case-Laws Income Tax Wed, 13 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260362