https://www.taxtmi.com/caselaws?id=287446 The tribunal remanded the disallowance of business service charges to the assessing officer for proper verification, emphasizing the need to allow legitimate business expenditures. The tribunal upheld the disallowance of tele-communication charges for deduction under sections 10A and 10AA based on precedent. It directed the deduction under section 10A to be computed on assessed income, not returned income. The tribunal deemed interest levied under sections 234B and 234C as consequential, directing relief for the appellant and stressing the importance of accurate assessment under the Income-tax Act. en-us Fri, 30 Jan 2015 00:00:00 +0530 Wed, 15 Apr 2020 10:45:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287446 The tribunal remanded the disallowance of business service charges to the assessing officer for proper verification, emphasizing the need to allow legitimate business expenditures. The tribunal upheld the disallowance of tele-communication charges for deduction under sections 10A and 10AA based on precedent. It directed the deduction under section 10A to be computed on assessed income, not returned income. The tribunal deemed interest levied under sections 234B and 234C as consequential, directing relief for the appellant and stressing the importance of accurate assessment under the Income-tax Act. Case-Laws Income Tax Fri, 30 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287446