https://www.taxtmi.com/caselaws?id=275875 The Tribunal's judgment in the case favored the assessee on various issues, including setting aside disallowances related to compensation expenses, sales tax entitlements, and deductions claimed under section 80IA for profits from windmills. The Tribunal also remanded the matter concerning the treatment of sales tax entitlements as capital receipts back to the Assessing Officer for reconsideration. Additionally, the Tribunal upheld the deletion of disallowances for excessive expenditure under section 40A(2)(b), emphasizing the lack of fair market comparison and the bona fide nature of the transactions. en-us Fri, 31 Oct 2014 00:00:00 +0530 Sun, 21 Oct 2018 06:41:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275875 The Tribunal's judgment in the case favored the assessee on various issues, including setting aside disallowances related to compensation expenses, sales tax entitlements, and deductions claimed under section 80IA for profits from windmills. The Tribunal also remanded the matter concerning the treatment of sales tax entitlements as capital receipts back to the Assessing Officer for reconsideration. Additionally, the Tribunal upheld the deletion of disallowances for excessive expenditure under section 40A(2)(b), emphasizing the lack of fair market comparison and the bona fide nature of the transactions. Case-Laws Income Tax Fri, 31 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275875