https://www.taxtmi.com/caselaws?id=196082 The Tribunal justified various decisions in favor of the assessee, including allowing business expenditure on foreign tour, granting full deduction under Section 80IA, entitlement to consequential relief under Section 115JA, and validity of the revised return under Section 139(5). Additionally, the Tribunal upheld decisions on rectification order cancellation, deletion of interest under Section 234C, deletion of Retention Price Subsidy impact, and allowing club expenses. The Tribunal also justified deletion of additions on sales tax conversion, depreciation on catalyst, interest on inter-corporate deposit, loss on sale to sister concern, and penalty under Section 271(1)(c). en-us Mon, 15 May 2017 00:00:00 +0530 Mon, 20 Nov 2017 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196082 The Tribunal justified various decisions in favor of the assessee, including allowing business expenditure on foreign tour, granting full deduction under Section 80IA, entitlement to consequential relief under Section 115JA, and validity of the revised return under Section 139(5). Additionally, the Tribunal upheld decisions on rectification order cancellation, deletion of interest under Section 234C, deletion of Retention Price Subsidy impact, and allowing club expenses. The Tribunal also justified deletion of additions on sales tax conversion, depreciation on catalyst, interest on inter-corporate deposit, loss on sale to sister concern, and penalty under Section 271(1)(c). Case-Laws Income Tax Mon, 15 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196082