https://www.taxtmi.com/caselaws?id=404145 The Tribunal allowed the appeal of the assessee regarding the disallowance of development expenses, emphasizing the importance of supporting documentation. The Tribunal deleted the addition made by the Assessing Officer, ruling in favor of the appellant due to lack of specific objections or evidence of revenue leakage. The judgment did not extensively address the issue of charging interest under section 234 of the Act, as the decision primarily focused on the development expenses dispute. en-us Tue, 09 Feb 2021 00:00:00 +0530 Tue, 16 Feb 2021 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404145 The Tribunal allowed the appeal of the assessee regarding the disallowance of development expenses, emphasizing the importance of supporting documentation. The Tribunal deleted the addition made by the Assessing Officer, ruling in favor of the appellant due to lack of specific objections or evidence of revenue leakage. The judgment did not extensively address the issue of charging interest under section 234 of the Act, as the decision primarily focused on the development expenses dispute. Case-Laws Income Tax Tue, 09 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404145