https://www.taxtmi.com/caselaws?id=120246 The Tribunal rejected the appellant's claim of depreciation, disallowed payment to the Town Planning Authority as a penalty, upheld the disallowance of PF and ESIC dues for delayed deposits, and remanded the disallowance related to Modvat for fresh adjudication to prevent double deduction. The appeal was partly allowed for statistical purposes, with specific directions given for each issue to ensure compliance with the Income-tax Act. en-us Fri, 10 Mar 2006 00:00:00 +0530 Tue, 17 Jul 2012 17:56:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120246 The Tribunal rejected the appellant's claim of depreciation, disallowed payment to the Town Planning Authority as a penalty, upheld the disallowance of PF and ESIC dues for delayed deposits, and remanded the disallowance related to Modvat for fresh adjudication to prevent double deduction. The appeal was partly allowed for statistical purposes, with specific directions given for each issue to ensure compliance with the Income-tax Act. Case-Laws Income Tax Fri, 10 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120246