https://www.taxtmi.com/caselaws?id=300681 The Tribunal allowed most of the assessee's grounds and dismissed the majority of the AO's appeals for the assessment year 2011-12. Issues such as addition on account of notional rent, disallowance of legal and professional expenses, deduction under section 80IAB, allocation of expenses, revenue recognition, interest capitalization, and various other expenses were decided in favor of the assessee based on previous orders and lack of new adverse facts. The Tribunal upheld the deletion of additions and disallowances, providing relief to the assessee in most instances. en-us Tue, 29 Sep 2020 00:00:00 +0530 Sat, 19 Feb 2022 07:01:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300681 The Tribunal allowed most of the assessee's grounds and dismissed the majority of the AO's appeals for the assessment year 2011-12. Issues such as addition on account of notional rent, disallowance of legal and professional expenses, deduction under section 80IAB, allocation of expenses, revenue recognition, interest capitalization, and various other expenses were decided in favor of the assessee based on previous orders and lack of new adverse facts. The Tribunal upheld the deletion of additions and disallowances, providing relief to the assessee in most instances. Case-Laws Income Tax Tue, 29 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300681