https://www.taxtmi.com/caselaws?id=300074 The appeal involved various issues including deduction claims on an accrual basis for flyover costs, disallowance under Section 14A, addition to book profits under Section 115JB, deletion of disallowance on notional interest, initiation of penalty proceedings, and validity of the assessment order. The court allowed the assessee's appeal in part, dismissing the Department's appeal. The decision was pronounced on 29.07.2016. en-us Fri, 29 Jul 2016 00:00:00 +0530 Wed, 12 Jan 2022 08:35:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300074 The appeal involved various issues including deduction claims on an accrual basis for flyover costs, disallowance under Section 14A, addition to book profits under Section 115JB, deletion of disallowance on notional interest, initiation of penalty proceedings, and validity of the assessment order. The court allowed the assessee's appeal in part, dismissing the Department's appeal. The decision was pronounced on 29.07.2016. Case-Laws Income Tax Fri, 29 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300074