https://www.taxtmi.com/caselaws?id=69668 The Revenue's appeal was unsuccessful in challenging the deletion of addition under section 43B for provident fund contribution. The Tribunal upheld the CIT(A)'s decision, emphasizing that contributions paid within the grace period should be considered timely. Additionally, the Tribunal remanded the issue of reducing excess depreciation for section 115J computation back to the Assessing Officer for proper determination based on the profit calculated as per relevant provisions. Lastly, the Tribunal sided with the assessee in excluding excise duty and sales-tax from turnover for section 80HHC, based on the Bombay High Court decision, and upheld the CIT(A)'s decision on this matter. en-us Tue, 13 Nov 2001 00:00:00 +0530 Mon, 11 Apr 2011 13:28:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69668 The Revenue's appeal was unsuccessful in challenging the deletion of addition under section 43B for provident fund contribution. The Tribunal upheld the CIT(A)'s decision, emphasizing that contributions paid within the grace period should be considered timely. Additionally, the Tribunal remanded the issue of reducing excess depreciation for section 115J computation back to the Assessing Officer for proper determination based on the profit calculated as per relevant provisions. Lastly, the Tribunal sided with the assessee in excluding excise duty and sales-tax from turnover for section 80HHC, based on the Bombay High Court decision, and upheld the CIT(A)'s decision on this matter. Case-Laws Income Tax Tue, 13 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69668