https://www.taxtmi.com/caselaws?id=180203 The Tribunal partly allowed the appeals for the assessment years 2003-04 and 2005-06. It upheld the disallowance of expenses related to the Dabhol Power Project, except for specific sales tax expenditures. The Tribunal rejected the disallowance of Club Security Deposit and set-off of expenses. It deleted the interest charged under sections 234B and 234C. The issue regarding the impact of the Government of India's Deed of Release was remanded back to the AO for re-examination. The disallowance of expenses of the Dabhol Project Office for the assessment year 2005-06 was deleted. en-us Wed, 08 Jun 2011 00:00:00 +0530 Fri, 18 Mar 2016 15:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180203 The Tribunal partly allowed the appeals for the assessment years 2003-04 and 2005-06. It upheld the disallowance of expenses related to the Dabhol Power Project, except for specific sales tax expenditures. The Tribunal rejected the disallowance of Club Security Deposit and set-off of expenses. It deleted the interest charged under sections 234B and 234C. The issue regarding the impact of the Government of India's Deed of Release was remanded back to the AO for re-examination. The disallowance of expenses of the Dabhol Project Office for the assessment year 2005-06 was deleted. Case-Laws Income Tax Wed, 08 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180203