https://www.taxtmi.com/caselaws?id=433905 The Tribunal dismissed the Revenue's appeal, confirming the penalty under section 271(1)(c) for disallowance under section 35E but deleting penalties for disallowances under sections 35D and rent, rate, and taxes. The decision was based on the principle of consistency and the nature of recurring expenses as revenue. The order was pronounced on 10-02-2023. en-us Fri, 10 Feb 2023 00:00:00 +0530 Mon, 13 Feb 2023 09:41:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433905 The Tribunal dismissed the Revenue's appeal, confirming the penalty under section 271(1)(c) for disallowance under section 35E but deleting penalties for disallowances under sections 35D and rent, rate, and taxes. The decision was based on the principle of consistency and the nature of recurring expenses as revenue. The order was pronounced on 10-02-2023. Case-Laws Income Tax Fri, 10 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433905