https://www.taxtmi.com/caselaws?id=188923 The Tribunal upheld the disallowance of losses due to an earthquake, provision for employees' cost of arrears payable, and enhancement of book profit under section 115JB. However, it allowed the transfer of capital grants as income, disallowance of guarantee fees paid to the Government, and disallowance of loss of material through pilferage and shortages. The judgment emphasizes the necessity of providing adequate evidence to support claims and adhering to legal precedents in tax matters. en-us Fri, 12 Jun 2015 00:00:00 +0530 Wed, 17 Aug 2022 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188923 The Tribunal upheld the disallowance of losses due to an earthquake, provision for employees' cost of arrears payable, and enhancement of book profit under section 115JB. However, it allowed the transfer of capital grants as income, disallowance of guarantee fees paid to the Government, and disallowance of loss of material through pilferage and shortages. The judgment emphasizes the necessity of providing adequate evidence to support claims and adhering to legal precedents in tax matters. Case-Laws Income Tax Fri, 12 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188923