https://www.taxtmi.com/caselaws?id=378532 The High Court affirmed the Tribunal's decision in favor of the assessee, ruling that conditions introduced prospectively cannot be retroactively applied to deny deductions for breaches occurring before the conditions were enacted. The Court dismissed the revenue's appeal, highlighting the irrelevance of proportionate disallowance in light of the factual and legal considerations. en-us Mon, 08 Apr 2019 00:00:00 +0530 Wed, 17 Apr 2019 16:37:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378532 The High Court affirmed the Tribunal's decision in favor of the assessee, ruling that conditions introduced prospectively cannot be retroactively applied to deny deductions for breaches occurring before the conditions were enacted. The Court dismissed the revenue's appeal, highlighting the irrelevance of proportionate disallowance in light of the factual and legal considerations. Case-Laws Income Tax Mon, 08 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378532