https://www.taxtmi.com/caselaws?id=279203 The Tribunal upheld the CIT(Appeals) order, restricting the disallowance of management charges paid to a sister concern under section 40A(2)(b) to 10 lakhs from 30 lakhs, noting the sister concern's capabilities for the project. Regarding the denial of claim of exemption under section 80IA for development charges, the Tribunal allowed the Revenue's appeal for statistical purposes, directing the issue to be restored to the Assessing Officer for fresh adjudication as the CIT(Appeals) lacked the authority to set it aside. en-us Fri, 24 Sep 2010 00:00:00 +0530 Thu, 07 Mar 2019 15:01:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279203 The Tribunal upheld the CIT(Appeals) order, restricting the disallowance of management charges paid to a sister concern under section 40A(2)(b) to 10 lakhs from 30 lakhs, noting the sister concern's capabilities for the project. Regarding the denial of claim of exemption under section 80IA for development charges, the Tribunal allowed the Revenue's appeal for statistical purposes, directing the issue to be restored to the Assessing Officer for fresh adjudication as the CIT(Appeals) lacked the authority to set it aside. Case-Laws Income Tax Fri, 24 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279203