https://www.taxtmi.com/caselaws?id=329663 The Appellate Tribunal ITAT Mumbai ruled in favor of the assessee, allowing the appeal for the assessment year 2006-07. The disallowance of e-connectivity charges as capital expenditure was overturned based on previous decisions and the nature of the expenses. The issue regarding the levy of interest under section 234B was considered infructuous as it had been addressed by the Assessing Officer's order. en-us Fri, 03 Jun 2016 00:00:00 +0530 Wed, 06 Jul 2016 16:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329663 The Appellate Tribunal ITAT Mumbai ruled in favor of the assessee, allowing the appeal for the assessment year 2006-07. The disallowance of e-connectivity charges as capital expenditure was overturned based on previous decisions and the nature of the expenses. The issue regarding the levy of interest under section 234B was considered infructuous as it had been addressed by the Assessing Officer's order. Case-Laws Income Tax Fri, 03 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329663