https://www.taxtmi.com/caselaws?id=274022 The Tribunal upheld the CIT(A)'s decision in dismissing the Revenue Department's appeal. The Tribunal agreed with the CIT(A) on all grounds, including the disallowance of leave encashment, compliance with Section 145(1) of the Income Tax Act, reduction of unverifiable expenses disallowance, and classification of expenditure on road and quarry development as revenue expenditure. The Tribunal found the CIT(A)'s reasoning aligned with statutory provisions and relevant case law, affirming the deletions and adjustments made in favor of the assessee. en-us Wed, 26 Jul 2017 00:00:00 +0530 Wed, 25 Jul 2018 13:25:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274022 The Tribunal upheld the CIT(A)'s decision in dismissing the Revenue Department's appeal. The Tribunal agreed with the CIT(A) on all grounds, including the disallowance of leave encashment, compliance with Section 145(1) of the Income Tax Act, reduction of unverifiable expenses disallowance, and classification of expenditure on road and quarry development as revenue expenditure. The Tribunal found the CIT(A)'s reasoning aligned with statutory provisions and relevant case law, affirming the deletions and adjustments made in favor of the assessee. Case-Laws Income Tax Wed, 26 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274022