https://www.taxtmi.com/caselaws?id=178486 The Tribunal remitted the issues of disallowance of expenses as capital expenditure and deduction of interest expenditure back to the Assessing Officer for further examination. The Tribunal allowed the assessee to raise the issue of interest expenditure under section 36(1)(iii) and linked it to the determination of the nature of the Noida project. Additionally, the Tribunal decided in favor of the assessee regarding the addition of employees' contribution to PF and ESI, allowing the deductions. The appeal was allowed for statistical purposes, directing the AO to reexamine and adjudicate the issues in line with the Tribunal's directions and relevant law. en-us Fri, 12 Mar 2010 00:00:00 +0530 Sat, 06 Feb 2016 13:02:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178486 The Tribunal remitted the issues of disallowance of expenses as capital expenditure and deduction of interest expenditure back to the Assessing Officer for further examination. The Tribunal allowed the assessee to raise the issue of interest expenditure under section 36(1)(iii) and linked it to the determination of the nature of the Noida project. Additionally, the Tribunal decided in favor of the assessee regarding the addition of employees' contribution to PF and ESI, allowing the deductions. The appeal was allowed for statistical purposes, directing the AO to reexamine and adjudicate the issues in line with the Tribunal's directions and relevant law. Case-Laws Income Tax Fri, 12 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178486