https://www.taxtmi.com/caselaws?id=443154 The Tribunal dismissed the Revenue's appeals on the disallowance of advance excise duty and prior period expenses, upholding the CIT(A)'s decisions. The Tribunal directed adjustments for Dilli Haat rental income and remanded the DITTM loss issue for re-examination. It upheld the deletion of tourism promotion and tent expenses disallowance, partially allowed the Section 80-IA deduction, and upheld the Section 40A(3) disallowance. The Tribunal remanded TDS credit and damage charges issues, allowed writing off liability, deleted the unspent revenue grant disallowance, and the capital reserve addition. The assessee's ground on contingent liability for rent was dismissed. en-us Mon, 14 Aug 2023 00:00:00 +0530 Sat, 16 Sep 2023 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443154 The Tribunal dismissed the Revenue's appeals on the disallowance of advance excise duty and prior period expenses, upholding the CIT(A)'s decisions. The Tribunal directed adjustments for Dilli Haat rental income and remanded the DITTM loss issue for re-examination. It upheld the deletion of tourism promotion and tent expenses disallowance, partially allowed the Section 80-IA deduction, and upheld the Section 40A(3) disallowance. The Tribunal remanded TDS credit and damage charges issues, allowed writing off liability, deleted the unspent revenue grant disallowance, and the capital reserve addition. The assessee's ground on contingent liability for rent was dismissed. Case-Laws Income Tax Mon, 14 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443154