https://www.taxtmi.com/caselaws?id=65537 The Tribunal partly allowed the appeal, directing re-examination of issues related to deduction under Section 80-IB and the value of transferred machinery, while affirming higher depreciation for certain machinery and allowing depreciation on enhanced fixed assets value due to foreign currency fluctuations. The matter of disallowance under Section 14A was remanded for fresh adjudication, and the deduction under Section 80HHC for export of capital assets was denied based on previous rulings. The Tribunal emphasized judicial discipline and adherence to earlier decisions in determining the eligibility for various deductions and allowances under the IT Act, 1961. en-us Wed, 24 Dec 2008 00:00:00 +0530 Tue, 11 Jun 2013 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65537 The Tribunal partly allowed the appeal, directing re-examination of issues related to deduction under Section 80-IB and the value of transferred machinery, while affirming higher depreciation for certain machinery and allowing depreciation on enhanced fixed assets value due to foreign currency fluctuations. The matter of disallowance under Section 14A was remanded for fresh adjudication, and the deduction under Section 80HHC for export of capital assets was denied based on previous rulings. The Tribunal emphasized judicial discipline and adherence to earlier decisions in determining the eligibility for various deductions and allowances under the IT Act, 1961. Case-Laws Income Tax Wed, 24 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65537