https://www.taxtmi.com/caselaws?id=444686 The Tribunal partly allowed the assessee's appeal and dismissed the Revenue's appeal. It upheld the assessee's eligibility for deductions under section 80IA(4) for Landfill-II and Incinerator-II as independent undertakings. The Tribunal also allowed the claim for post-closure care expenditure, referencing prior similar decisions. Disallowance under section 14A was overturned due to no exempt income being earned. The treatment of customer advances as income and the levy of interest under section 234C were remanded to the AO for reconsideration. en-us Fri, 30 Jun 2023 00:00:00 +0530 Thu, 19 Oct 2023 10:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444686 The Tribunal partly allowed the assessee's appeal and dismissed the Revenue's appeal. It upheld the assessee's eligibility for deductions under section 80IA(4) for Landfill-II and Incinerator-II as independent undertakings. The Tribunal also allowed the claim for post-closure care expenditure, referencing prior similar decisions. Disallowance under section 14A was overturned due to no exempt income being earned. The treatment of customer advances as income and the levy of interest under section 234C were remanded to the AO for reconsideration. Case-Laws Income Tax Fri, 30 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444686