https://www.taxtmi.com/caselaws?id=195301 The Tribunal dismissed both the Revenue's appeal and the assessee's cross objection. The decisions made by the CIT(A) to allow various expenses, including compensation for rock phosphate, land use, and social welfare activities, were upheld. Contributions to the State renewal Fund and payment of penal interest were also deemed allowable. The Tribunal relied on previous ITAT orders in the assessee's case to support these decisions, ultimately leading to the dismissal of both appeals. en-us Thu, 30 Apr 2015 00:00:00 +0530 Thu, 26 Oct 2017 08:33:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195301 The Tribunal dismissed both the Revenue's appeal and the assessee's cross objection. The decisions made by the CIT(A) to allow various expenses, including compensation for rock phosphate, land use, and social welfare activities, were upheld. Contributions to the State renewal Fund and payment of penal interest were also deemed allowable. The Tribunal relied on previous ITAT orders in the assessee's case to support these decisions, ultimately leading to the dismissal of both appeals. Case-Laws Income Tax Thu, 30 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195301