https://www.taxtmi.com/caselaws?id=56433 The Tribunal dismissed the Revenue's appeal and partially allowed the assessee's appeal. The Tribunal upheld the CIT(A)'s decisions to delete additions related to retention deposits, revaluation of assets, and arbitration claims. It also agreed with the assessee on the determination of the previous year ending date and found that the addition of sanctioned claim amounts was not sustainable. Interest under section 215 of the Income Tax Act was considered consequential. en-us Wed, 05 Aug 1998 00:00:00 +0530 Fri, 03 Dec 2010 16:22:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56433 The Tribunal dismissed the Revenue's appeal and partially allowed the assessee's appeal. The Tribunal upheld the CIT(A)'s decisions to delete additions related to retention deposits, revaluation of assets, and arbitration claims. It also agreed with the assessee on the determination of the previous year ending date and found that the addition of sanctioned claim amounts was not sustainable. Interest under section 215 of the Income Tax Act was considered consequential. Case-Laws Income Tax Wed, 05 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56433