https://www.taxtmi.com/caselaws?id=282051 The ITAT Delhi partially allowed the assessee's appeal, upholding the disallowance of the amount written off for amortization of lease amount paid towards land based on previous decisions. The issues regarding refund and TDS credit were remitted back to the Ld CIT(A) for proper adjudication. In the revenue's appeal, disallowance under Rule 8D was partially allowed, insurance premium disallowance was dismissed, and the inventory loss claim was allowed with proper evidence. The judgment was pronounced on 13th May, 2011. en-us Fri, 13 May 2011 00:00:00 +0530 Fri, 19 Jul 2019 16:10:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282051 The ITAT Delhi partially allowed the assessee's appeal, upholding the disallowance of the amount written off for amortization of lease amount paid towards land based on previous decisions. The issues regarding refund and TDS credit were remitted back to the Ld CIT(A) for proper adjudication. In the revenue's appeal, disallowance under Rule 8D was partially allowed, insurance premium disallowance was dismissed, and the inventory loss claim was allowed with proper evidence. The judgment was pronounced on 13th May, 2011. Case-Laws Income Tax Fri, 13 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282051