https://www.taxtmi.com/caselaws?id=193627 The reassessment proceedings were upheld in ITA Nos. 1330, 1331 & 1333/Mds./15 due to non-disclosure of income details, disallowance of Bandwidth Connectivity charges and fees for Technical Services. Disallowances under Sections 40(a)(i) and 195 were confirmed, with the Tribunal citing relevant case law. However, in ITA No. 1332/Mds./15, the disallowance of Repairs and Maintenance expenses as capital expenditure was remitted for fresh assessment, following a decision emphasizing the distinction between capital and revenue expenses. en-us Fri, 22 Jul 2016 00:00:00 +0530 Thu, 10 Aug 2017 06:37:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193627 The reassessment proceedings were upheld in ITA Nos. 1330, 1331 & 1333/Mds./15 due to non-disclosure of income details, disallowance of Bandwidth Connectivity charges and fees for Technical Services. Disallowances under Sections 40(a)(i) and 195 were confirmed, with the Tribunal citing relevant case law. However, in ITA No. 1332/Mds./15, the disallowance of Repairs and Maintenance expenses as capital expenditure was remitted for fresh assessment, following a decision emphasizing the distinction between capital and revenue expenses. Case-Laws Income Tax Fri, 22 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193627