https://www.taxtmi.com/caselaws?id=179155 The Tribunal partly allowed the appeal, directing the AO to re-examine provisions for costs on completed and incomplete contracts, allowing those for ascertained liabilities and disallowing estimates. The withdrawal of TDS credit was upheld due to it not pertaining to the current year. Software expenses were allowed as necessary for computer operations. The disallowance of deduction u/s 80HHB was sent back for fresh examination. The levy of interest u/s 234D was deemed consequential, with directions for the AO to act accordingly. en-us Wed, 08 Aug 2012 00:00:00 +0530 Mon, 22 Feb 2016 13:07:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179155 The Tribunal partly allowed the appeal, directing the AO to re-examine provisions for costs on completed and incomplete contracts, allowing those for ascertained liabilities and disallowing estimates. The withdrawal of TDS credit was upheld due to it not pertaining to the current year. Software expenses were allowed as necessary for computer operations. The disallowance of deduction u/s 80HHB was sent back for fresh examination. The levy of interest u/s 234D was deemed consequential, with directions for the AO to act accordingly. Case-Laws Income Tax Wed, 08 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179155