https://www.taxtmi.com/caselaws?id=403635 The Tribunal partly allowed the appeal, directing the Assessing Officer to verify and allow certain claims. The disallowance of the service tax adjustment and interest on service tax was deleted subject to verification of forgone CENVAT credit. The deduction for expenditure on the aborted IPO was allowed as revenue expenditure. The short grant of TDS credit was remanded for proper verification and allowance in accordance with the law. The order was pronounced on 25/01/2021. en-us Mon, 25 Jan 2021 00:00:00 +0530 Thu, 04 Feb 2021 09:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403635 The Tribunal partly allowed the appeal, directing the Assessing Officer to verify and allow certain claims. The disallowance of the service tax adjustment and interest on service tax was deleted subject to verification of forgone CENVAT credit. The deduction for expenditure on the aborted IPO was allowed as revenue expenditure. The short grant of TDS credit was remanded for proper verification and allowance in accordance with the law. The order was pronounced on 25/01/2021. Case-Laws Income Tax Mon, 25 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403635