https://www.taxtmi.com/caselaws?id=386988 The High Court dismissed the revenue's appeal challenging the disallowance of a deduction under section 35AD of the Income Tax Act. The Court upheld the tribunal's decision, emphasizing the fulfillment of conditions and approvals obtained by the assessee for the Three Star Hotel project. The Court found no substantial question of law and affirmed the tribunal's ruling, citing the beneficial nature of the provision to promote specific category establishments like hotels. en-us Tue, 17 Sep 2019 00:00:00 +0530 Mon, 14 Oct 2019 11:30:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386988 The High Court dismissed the revenue's appeal challenging the disallowance of a deduction under section 35AD of the Income Tax Act. The Court upheld the tribunal's decision, emphasizing the fulfillment of conditions and approvals obtained by the assessee for the Three Star Hotel project. The Court found no substantial question of law and affirmed the tribunal's ruling, citing the beneficial nature of the provision to promote specific category establishments like hotels. Case-Laws Income Tax Tue, 17 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386988