https://www.taxtmi.com/caselaws?id=176129 The appeal numbered I.T.A. 430/Coch/06 was partly allowed, while the appeal numbered I.T.A. 378/Coch/09 was dismissed. The Tribunal upheld the disallowance of certain expenditures such as renovation costs treated as capital expenditure, interest and processing charges on loans, and non-business club expenses. However, deductions for bonus payments and debts written off were allowed. The eligibility of DG power generation units for deduction under section 80-IA was affirmed. The Tribunal's decisions were based on legal principles and precedents, ensuring a comprehensive review of each issue. en-us Fri, 24 Aug 2012 00:00:00 +0530 Mon, 02 Oct 2017 20:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176129 The appeal numbered I.T.A. 430/Coch/06 was partly allowed, while the appeal numbered I.T.A. 378/Coch/09 was dismissed. The Tribunal upheld the disallowance of certain expenditures such as renovation costs treated as capital expenditure, interest and processing charges on loans, and non-business club expenses. However, deductions for bonus payments and debts written off were allowed. The eligibility of DG power generation units for deduction under section 80-IA was affirmed. The Tribunal's decisions were based on legal principles and precedents, ensuring a comprehensive review of each issue. Case-Laws Income Tax Fri, 24 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176129