https://www.taxtmi.com/caselaws?id=179612 The ITAT dismissed the departmental appeal challenging the deletion of penalty u/s 271(1)(c) of the IT Act, as the penalty was deemed unnecessary due to the deletion of the addition in the preceding assessment year. The ITAT allowed the provision for sludge disposal charges as a deductible expense, disagreeing with the AO's disallowance. The appeal on the levy of interest u/s 234D was not further contested and was dismissed. en-us Fri, 11 Feb 2011 00:00:00 +0530 Sat, 05 Mar 2016 14:40:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179612 The ITAT dismissed the departmental appeal challenging the deletion of penalty u/s 271(1)(c) of the IT Act, as the penalty was deemed unnecessary due to the deletion of the addition in the preceding assessment year. The ITAT allowed the provision for sludge disposal charges as a deductible expense, disagreeing with the AO's disallowance. The appeal on the levy of interest u/s 234D was not further contested and was dismissed. Case-Laws Income Tax Fri, 11 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179612