https://www.taxtmi.com/caselaws?id=370046 The Tribunal partially allowed the appellant's appeal in a tax case involving disallowance of expenses. The disallowance of 'Repairs and Maintenance' expenses was revised to Rs. 27,48,365, while project expenses disallowance of Rs. 31,80,777 was upheld. The disallowance of interest expenses was sent back for reevaluation, and the non-allowance of loss on discarded livestock was also remanded for proper adjudication. The revenue's appeal was dismissed, and the Tribunal directed the Assessing Officer to recompute disallowances based on specific guidelines, resulting in a mixed outcome for both parties. en-us Fri, 02 Nov 2018 00:00:00 +0530 Thu, 08 Nov 2018 10:59:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370046 The Tribunal partially allowed the appellant's appeal in a tax case involving disallowance of expenses. The disallowance of 'Repairs and Maintenance' expenses was revised to Rs. 27,48,365, while project expenses disallowance of Rs. 31,80,777 was upheld. The disallowance of interest expenses was sent back for reevaluation, and the non-allowance of loss on discarded livestock was also remanded for proper adjudication. The revenue's appeal was dismissed, and the Tribunal directed the Assessing Officer to recompute disallowances based on specific guidelines, resulting in a mixed outcome for both parties. Case-Laws Income Tax Fri, 02 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370046