https://www.taxtmi.com/caselaws?id=283698 The Tribunal dismissed the appeals for both assessment years, affirming the disallowance of claimed expenditures as capital in nature, upholding the mandatory levy of interest under Sections 234B and 234C, and deeming the challenge against penalty proceedings premature. en-us Fri, 21 Feb 2014 00:00:00 +0530 Mon, 07 Oct 2019 21:29:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283698 The Tribunal dismissed the appeals for both assessment years, affirming the disallowance of claimed expenditures as capital in nature, upholding the mandatory levy of interest under Sections 234B and 234C, and deeming the challenge against penalty proceedings premature. Case-Laws Income Tax Fri, 21 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283698