https://www.taxtmi.com/caselaws?id=121708 The Tribunal partly allowed the appeals filed by the assessee and statistically partly allowed the appeals of the revenue. The Tribunal upheld the CIT(A)'s decisions on various issues including treating the revised return of income as valid, computation of MAT tax liability, charging of interest under sections 234B and 234C, disallowance of depreciation on motor car, disallowance of electricity expenses, and disallowance of foreign traveling expenses of Directors. The Tribunal emphasized adherence to statutory provisions and judicial precedents in its rulings. en-us Fri, 12 Dec 2008 00:00:00 +0530 Wed, 01 Aug 2012 17:01:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121708 The Tribunal partly allowed the appeals filed by the assessee and statistically partly allowed the appeals of the revenue. The Tribunal upheld the CIT(A)'s decisions on various issues including treating the revised return of income as valid, computation of MAT tax liability, charging of interest under sections 234B and 234C, disallowance of depreciation on motor car, disallowance of electricity expenses, and disallowance of foreign traveling expenses of Directors. The Tribunal emphasized adherence to statutory provisions and judicial precedents in its rulings. Case-Laws Income Tax Fri, 12 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121708