https://www.taxtmi.com/caselaws?id=424105 The Tribunal upheld the Ld. CIT(A)'s decisions, granting relief towards construction, cost of lifts, and transformers. It also allowed a rebate of 25% for differences in rates and self-supervision. The Tribunal affirmed the consideration of construction costs and the inclusion of work in progress. Additionally, it upheld the dismissal of the unexplained investment disallowance and found the DVO report submission timeframe inapplicable. The Tribunal dismissed the Revenue's appeal and the assessee's cross-objection, finding no grounds for interference. en-us Wed, 15 Jun 2022 00:00:00 +0530 Wed, 22 Jun 2022 09:15:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424105 The Tribunal upheld the Ld. CIT(A)'s decisions, granting relief towards construction, cost of lifts, and transformers. It also allowed a rebate of 25% for differences in rates and self-supervision. The Tribunal affirmed the consideration of construction costs and the inclusion of work in progress. Additionally, it upheld the dismissal of the unexplained investment disallowance and found the DVO report submission timeframe inapplicable. The Tribunal dismissed the Revenue's appeal and the assessee's cross-objection, finding no grounds for interference. Case-Laws Income Tax Wed, 15 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424105