https://www.taxtmi.com/caselaws?id=357642 The Tribunal partly allowed the appeals of the assessee and Revenue for statistical purposes. The disallowance of mobilization advances and interest was upheld, while the disallowance of depreciation on car and JCB hire charges was dismissed due to lack of reasonable cause. The Tribunal emphasized the importance of proper documentation to substantiate expenses and deductions, remitting certain issues back to the Assessing Officer for further verification. The Cross Objection filed by the assessee was dismissed as infructuous. en-us Thu, 22 Mar 2018 00:00:00 +0530 Tue, 27 Mar 2018 09:21:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357642 The Tribunal partly allowed the appeals of the assessee and Revenue for statistical purposes. The disallowance of mobilization advances and interest was upheld, while the disallowance of depreciation on car and JCB hire charges was dismissed due to lack of reasonable cause. The Tribunal emphasized the importance of proper documentation to substantiate expenses and deductions, remitting certain issues back to the Assessing Officer for further verification. The Cross Objection filed by the assessee was dismissed as infructuous. Case-Laws Income Tax Thu, 22 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357642