https://www.taxtmi.com/caselaws?id=178309 The tribunal partly allowed the assessee's appeal, dismissing claims for further deduction of electric power expenses, disallowance of 50% of traveling expenses, and interest paid to ABN Amro Bank Ltd. However, the tribunal allowed the appeal against disallowance of garden expenses but dismissed the appeal for consultancy charges. The tribunal did not adjudicate on the deduction under Section 10 for the SEZ Unit. Additionally, the tribunal confirmed the deletion of an addition on estimation of profit and upheld the deletion of the penalty imposed for various disallowances, citing an honest difference of opinion. en-us Fri, 09 Jan 2015 00:00:00 +0530 Tue, 02 Feb 2016 10:15:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178309 The tribunal partly allowed the assessee's appeal, dismissing claims for further deduction of electric power expenses, disallowance of 50% of traveling expenses, and interest paid to ABN Amro Bank Ltd. However, the tribunal allowed the appeal against disallowance of garden expenses but dismissed the appeal for consultancy charges. The tribunal did not adjudicate on the deduction under Section 10 for the SEZ Unit. Additionally, the tribunal confirmed the deletion of an addition on estimation of profit and upheld the deletion of the penalty imposed for various disallowances, citing an honest difference of opinion. Case-Laws Income Tax Fri, 09 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178309