https://www.taxtmi.com/caselaws?id=414630 The Tribunal ruled in favor of the appellant, directing the deletion of the addition related to compensation for project delays and allowing the disputed expenditure. The treatment of liquidated damages as capital receipts was upheld, leading to the allowance of both appeals for the respective assessment years. en-us Mon, 25 Oct 2021 00:00:00 +0530 Sat, 13 Nov 2021 20:29:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414630 The Tribunal ruled in favor of the appellant, directing the deletion of the addition related to compensation for project delays and allowing the disputed expenditure. The treatment of liquidated damages as capital receipts was upheld, leading to the allowance of both appeals for the respective assessment years. Case-Laws Income Tax Mon, 25 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414630