The Tribunal held that the amount paid for purchase of land was neither debited to the profit and loss account nor claimed as expenditure in the computation of taxable income as the assessee had got reimbursements of the amounts paid for purchase of land from CPPL on assignment of development rights in land purchased by the assessee in favour of CPPL. The issue of disallowance was decided by the Tribunal in various cases of group companies of BPTP in favour of the respective assessees. Therefore the disallowance made by the Assessing Officer of Rs. 12,31,160 was to be deleted. (AY.2006-07, 2007-08)