https://www.taxtmi.com/caselaws?id=331992 The court ruled in favor of the Respondent-revenue, denying the deduction for expenses related to the Nagarjuna Project. However, the court ruled in favor of the applicant-assessee, allowing the deduction under Section 35D for payments made to promoters for project development expenses incurred earlier. The judgment concluded by disposing of the reference with no order as to costs. en-us Fri, 19 Aug 2016 00:00:00 +0530 Tue, 06 Sep 2016 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331992 The court ruled in favor of the Respondent-revenue, denying the deduction for expenses related to the Nagarjuna Project. However, the court ruled in favor of the applicant-assessee, allowing the deduction under Section 35D for payments made to promoters for project development expenses incurred earlier. The judgment concluded by disposing of the reference with no order as to costs. Case-Laws Income Tax Fri, 19 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331992