https://www.taxtmi.com/caselaws?id=313149 The ITAT confirmed the disallowance of telephone expenses at the guest house and commission paid, while allowing the deletion of community welfare and rural development expenses. The Tribunal partially allowed claims under sections 80HHC and 80HHE, reducing disallowance on conference expenses by 50%. Interest under section 234B was upheld. It confirmed deletions related to unutilized MODVAT credit, excise duty on finished goods, and construction expenses at Gujarat Cement Plant. Other deletions included expenses on mining, cement plants, and contributions for power line construction. The Tribunal upheld the CIT(A)'s decisions on club membership expenses and other financial adjustments. en-us Tue, 08 Oct 2013 00:00:00 +0530 Thu, 28 Mar 2024 10:57:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313149 The ITAT confirmed the disallowance of telephone expenses at the guest house and commission paid, while allowing the deletion of community welfare and rural development expenses. The Tribunal partially allowed claims under sections 80HHC and 80HHE, reducing disallowance on conference expenses by 50%. Interest under section 234B was upheld. It confirmed deletions related to unutilized MODVAT credit, excise duty on finished goods, and construction expenses at Gujarat Cement Plant. Other deletions included expenses on mining, cement plants, and contributions for power line construction. The Tribunal upheld the CIT(A)'s decisions on club membership expenses and other financial adjustments. Case-Laws Income Tax Tue, 08 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313149