https://www.taxtmi.com/caselaws?id=380958 The Tribunal allowed the appellant's appeals concerning the disallowance of expenses, addition on revaluation of work-in-progress, and penalty under section 271(1)(c). The Tribunal directed verification of payee's tax compliance for TDS disallowance, deleted the adhoc addition for work-in-progress revaluation, and nullified the penalty due to the deletion of the addition in the quantum appeal. The decisions were based on legal interpretations and factual assessments, resulting in a favorable outcome for the appellant. en-us Fri, 24 May 2019 00:00:00 +0530 Fri, 31 May 2019 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380958 The Tribunal allowed the appellant's appeals concerning the disallowance of expenses, addition on revaluation of work-in-progress, and penalty under section 271(1)(c). The Tribunal directed verification of payee's tax compliance for TDS disallowance, deleted the adhoc addition for work-in-progress revaluation, and nullified the penalty due to the deletion of the addition in the quantum appeal. The decisions were based on legal interpretations and factual assessments, resulting in a favorable outcome for the appellant. Case-Laws Income Tax Fri, 24 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380958