https://www.taxtmi.com/caselaws?id=284419 The appeal challenges the disallowance of expenses incurred on mines development expenditure and reimbursement for running a school. The court admitted the appeal on the disallowance of mines development expenses, emphasizing the impact on the company's tax liability. The court upheld the deletion of the disallowance for school expenses, citing precedents and dismissing the Revenue's appeal. The judgment underscores the importance of legal precedents in tax law interpretation for companies' tax liabilities. en-us Tue, 04 Apr 2017 00:00:00 +0530 Fri, 17 Apr 2020 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284419 The appeal challenges the disallowance of expenses incurred on mines development expenditure and reimbursement for running a school. The court admitted the appeal on the disallowance of mines development expenses, emphasizing the impact on the company's tax liability. The court upheld the deletion of the disallowance for school expenses, citing precedents and dismissing the Revenue's appeal. The judgment underscores the importance of legal precedents in tax law interpretation for companies' tax liabilities. Case-Laws Income Tax Tue, 04 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284419