https://www.taxtmi.com/caselaws?id=339254 The Tribunal allowed the appeal partly, directing the AO to allow the expenses as claimed by the assessee and to give consequential effect for the amount of closing WIP and opening WIP for the subsequent assessment year. The grounds related to the levy of interest under Sections 234B and 234D were dismissed as consequential. en-us Wed, 11 Jan 2017 00:00:00 +0530 Wed, 22 Feb 2017 20:48:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339254 The Tribunal allowed the appeal partly, directing the AO to allow the expenses as claimed by the assessee and to give consequential effect for the amount of closing WIP and opening WIP for the subsequent assessment year. The grounds related to the levy of interest under Sections 234B and 234D were dismissed as consequential. Case-Laws Income Tax Wed, 11 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339254