https://www.taxtmi.com/caselaws?id=328823 The Tribunal partly allowed the appeal, permitting the Rs. 50,000 demolition charges as business expenses and instructing the AO to verify and permit the Rs. 4,55,422 Collector's charges, not deeming them disallowable under section 43B. The Tribunal stressed the importance of thorough verification and adherence to principles of natural justice in the assessment process. en-us Mon, 13 Jun 2016 00:00:00 +0530 Wed, 15 Jun 2016 09:33:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328823 The Tribunal partly allowed the appeal, permitting the Rs. 50,000 demolition charges as business expenses and instructing the AO to verify and permit the Rs. 4,55,422 Collector's charges, not deeming them disallowable under section 43B. The Tribunal stressed the importance of thorough verification and adherence to principles of natural justice in the assessment process. Case-Laws Income Tax Mon, 13 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328823