https://www.taxtmi.com/caselaws?id=376673 The Tribunal partially allowed the appeal, permitting most repair and maintenance expenses but disallowing expenses on items like laptops and LED screens as capital expenditures. It deleted the disallowance under Section 14A, finding no proximate cause for the disallowance. Additionally, it overturned the treatment of agricultural income as taxable, emphasizing that the compensation received was for agricultural produce and not subject to tax. The Tribunal stressed the importance of evidence and restricted the appellate authority's power to introduce new income sources. The appeal provided substantial relief to the assessee on key issues. en-us Fri, 08 Mar 2019 00:00:00 +0530 Fri, 05 Aug 2022 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376673 The Tribunal partially allowed the appeal, permitting most repair and maintenance expenses but disallowing expenses on items like laptops and LED screens as capital expenditures. It deleted the disallowance under Section 14A, finding no proximate cause for the disallowance. Additionally, it overturned the treatment of agricultural income as taxable, emphasizing that the compensation received was for agricultural produce and not subject to tax. The Tribunal stressed the importance of evidence and restricted the appellate authority's power to introduce new income sources. The appeal provided substantial relief to the assessee on key issues. Case-Laws Income Tax Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376673