https://www.taxtmi.com/caselaws?id=281298 The Tribunal partially allowed the revenue's appeal, restoring the issue of loss on the sale of land for verification, upholding the non-compete fee as an allowable expense, dismissing the revenue's appeal on the percentage of ad-hoc disallowance, and reversing the CIT(A)'s decision on leveling and fencing expenses. en-us Fri, 19 Jan 2018 00:00:00 +0530 Thu, 13 Jun 2019 06:15:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281298 The Tribunal partially allowed the revenue's appeal, restoring the issue of loss on the sale of land for verification, upholding the non-compete fee as an allowable expense, dismissing the revenue's appeal on the percentage of ad-hoc disallowance, and reversing the CIT(A)'s decision on leveling and fencing expenses. Case-Laws Income Tax Fri, 19 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281298