https://www.taxtmi.com/caselaws?id=331648 The Tribunal allowed the appeal, holding that the expenditure on removal of overburden is to be allowed under Section 37(1) of the Income Tax Act, 1961, as revenue expenditure. The Tribunal criticized the Department for disregarding binding precedents and perpetuating unnecessary litigation. The disallowance of Rs. 2466.34 crores was directed to be deleted. en-us Fri, 03 Jun 2016 00:00:00 +0530 Mon, 29 Aug 2016 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331648 The Tribunal allowed the appeal, holding that the expenditure on removal of overburden is to be allowed under Section 37(1) of the Income Tax Act, 1961, as revenue expenditure. The Tribunal criticized the Department for disregarding binding precedents and perpetuating unnecessary litigation. The disallowance of Rs. 2466.34 crores was directed to be deleted. Case-Laws Income Tax Fri, 03 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331648