https://www.taxtmi.com/caselaws?id=392791 The High Court upheld the decisions of the CIT (A) and the Tribunal, dismissing the Revenue's appeal. The additions under Section 35D of the Income Tax Act and for rent, rates, and taxes were deleted, emphasizing the revenue nature of the expenses. The Court did not address the deduction for the principal part of rent received as it did not arise from the Tribunal's order. en-us Mon, 17 Feb 2020 00:00:00 +0530 Fri, 28 Feb 2020 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392791 The High Court upheld the decisions of the CIT (A) and the Tribunal, dismissing the Revenue's appeal. The additions under Section 35D of the Income Tax Act and for rent, rates, and taxes were deleted, emphasizing the revenue nature of the expenses. The Court did not address the deduction for the principal part of rent received as it did not arise from the Tribunal's order. Case-Laws Income Tax Mon, 17 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392791