https://www.taxtmi.com/caselaws?id=362742 The court dismissed the appeal, ruling in favor of the assessee and against the Revenue. The court upheld the Tribunal's decisions on all issues, including the retrospective effect of the omission of the 2nd proviso to Section 43B, deductibility of belated payments to Provident Fund, allowability of liquidated damages paid to the developer, deletion of interest amount disallowed in respect of advances and investments to sister concerns, and computation of capital gain on the sale of land. The court found no errors in the Tribunal's reasoning and conclusions, leading to a dismissal of the appeal. en-us Wed, 13 Jun 2018 00:00:00 +0530 Mon, 02 Jul 2018 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362742 The court dismissed the appeal, ruling in favor of the assessee and against the Revenue. The court upheld the Tribunal's decisions on all issues, including the retrospective effect of the omission of the 2nd proviso to Section 43B, deductibility of belated payments to Provident Fund, allowability of liquidated damages paid to the developer, deletion of interest amount disallowed in respect of advances and investments to sister concerns, and computation of capital gain on the sale of land. The court found no errors in the Tribunal's reasoning and conclusions, leading to a dismissal of the appeal. Case-Laws Income Tax Wed, 13 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362742