https://www.taxtmi.com/caselaws?id=191650 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decisions. The addition under Section 40A(2) was deemed unjustified as the revenue failed to prove excessiveness, resulting in its deletion. Regarding the disallowance of deduction under Section 80IA(4), the Tribunal affirmed the CIT(A)'s ruling, stating the appellant met the criteria as a developer, not just a contractor, and allowed the deduction. en-us Wed, 28 Sep 2016 00:00:00 +0530 Tue, 11 Apr 2017 10:38:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191650 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decisions. The addition under Section 40A(2) was deemed unjustified as the revenue failed to prove excessiveness, resulting in its deletion. Regarding the disallowance of deduction under Section 80IA(4), the Tribunal affirmed the CIT(A)'s ruling, stating the appellant met the criteria as a developer, not just a contractor, and allowed the deduction. Case-Laws Income Tax Wed, 28 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191650