https://www.taxtmi.com/caselaws?id=417585 The Tribunal upheld the CIT(A)'s decision to restrict the disallowance of expenditure related to the Dummugudem Project to 12.5%, emphasizing judicial consistency and lack of new distinguishing facts. It also affirmed the CIT(A)'s allowance of Section 80IA(4) deductions for infrastructure projects, noting the assessee's compliance with the section's conditions and involvement in project execution as part of a joint venture. The Tribunal highlighted the binding nature of its decisions and relevant precedents, dismissing the Revenue's appeals and supporting the CIT(A)'s decisions. en-us Mon, 24 Jan 2022 00:00:00 +0530 Thu, 27 Jan 2022 08:42:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417585 The Tribunal upheld the CIT(A)'s decision to restrict the disallowance of expenditure related to the Dummugudem Project to 12.5%, emphasizing judicial consistency and lack of new distinguishing facts. It also affirmed the CIT(A)'s allowance of Section 80IA(4) deductions for infrastructure projects, noting the assessee's compliance with the section's conditions and involvement in project execution as part of a joint venture. The Tribunal highlighted the binding nature of its decisions and relevant precedents, dismissing the Revenue's appeals and supporting the CIT(A)'s decisions. Case-Laws Income Tax Mon, 24 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417585