https://www.taxtmi.com/caselaws?id=267771 The Tribunal partly allowed the appellant's appeal by directing the deletion of the addition related to the loss on the sale of machinery and allowing the royalty expenditure as revenue. The interest levy under Section 234B was considered consequential and not elaborated upon. The judgment provided detailed reasoning for each issue, ensuring a fair decision based on the facts and legal provisions presented during the proceedings. en-us Wed, 30 Sep 2015 00:00:00 +0530 Sat, 14 Nov 2015 12:15:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267771 The Tribunal partly allowed the appellant's appeal by directing the deletion of the addition related to the loss on the sale of machinery and allowing the royalty expenditure as revenue. The interest levy under Section 234B was considered consequential and not elaborated upon. The judgment provided detailed reasoning for each issue, ensuring a fair decision based on the facts and legal provisions presented during the proceedings. Case-Laws Income Tax Wed, 30 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267771