https://www.taxtmi.com/caselaws?id=265029 The Tribunal upheld the CIT(A)'s decision to delete the addition of interest income accrued from delayed payments by DISCOMs, citing the lack of a legal basis for the claim as per the Power Purchase Agreement and regulatory decisions. Emphasizing adherence to accounting standards and contractual agreements, the judgment ruled in favor of the assessee, dismissing the Revenue's appeal. en-us Wed, 17 Sep 2014 00:00:00 +0530 Tue, 06 Oct 2015 05:58:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265029 The Tribunal upheld the CIT(A)'s decision to delete the addition of interest income accrued from delayed payments by DISCOMs, citing the lack of a legal basis for the claim as per the Power Purchase Agreement and regulatory decisions. Emphasizing adherence to accounting standards and contractual agreements, the judgment ruled in favor of the assessee, dismissing the Revenue's appeal. Case-Laws Income Tax Wed, 17 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265029