https://www.taxtmi.com/caselaws?id=30426 The court ruled in favor of the revenue regarding the disallowance of litigation expenses, citing the capital nature of such expenses. However, the court sided with the assessee on other issues: waiver of interest under Section 217, allowability of sales tax liability as a deduction, and the taxability of cost and litigation charges. Additionally, the court upheld the tribunal's decision to reject the revenue's request to raise an additional ground of appeal, emphasizing the restriction on introducing new sources of income not considered in the original assessment. en-us Wed, 30 Jul 2008 00:00:00 +0530 Tue, 14 Jun 2011 04:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30426 The court ruled in favor of the revenue regarding the disallowance of litigation expenses, citing the capital nature of such expenses. However, the court sided with the assessee on other issues: waiver of interest under Section 217, allowability of sales tax liability as a deduction, and the taxability of cost and litigation charges. Additionally, the court upheld the tribunal's decision to reject the revenue's request to raise an additional ground of appeal, emphasizing the restriction on introducing new sources of income not considered in the original assessment. Case-Laws Income Tax Wed, 30 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30426