https://www.taxtmi.com/caselaws?id=303930 The appeal challenged the disallowance of Legal & Professional Charges as capital expenditure for the Assessment Year 2011-12. The Commissioner of Income-Tax (Appeals) partially allowed the appeal, reducing the disallowance to Rs.18.27 Lacs. The Appellate Tribunal, following precedent, restored the issue to the Assessing Officer for verification, allowing the appeal for statistical purposes. This decision ensures a comprehensive assessment of the charges and aligns with established judicial principles. en-us Wed, 21 Feb 2018 00:00:00 +0530 Fri, 26 Aug 2022 08:35:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303930 The appeal challenged the disallowance of Legal & Professional Charges as capital expenditure for the Assessment Year 2011-12. The Commissioner of Income-Tax (Appeals) partially allowed the appeal, reducing the disallowance to Rs.18.27 Lacs. The Appellate Tribunal, following precedent, restored the issue to the Assessing Officer for verification, allowing the appeal for statistical purposes. This decision ensures a comprehensive assessment of the charges and aligns with established judicial principles. Case-Laws Income Tax Wed, 21 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303930