https://www.taxtmi.com/caselaws?id=122841 The Tribunal allowed the assessee's appeal on the addition of accrued interest on deep discount bonds, disallowance of depreciation on commercial vehicles, and directed the re-computation of deductions under sections 80HHC and 80-IB. It upheld the exclusion of 90% of processing charges and excise duty/sales tax from total turnover for deductions. The treatment of miscellaneous income for deductions was also affirmed. The revenue's appeal was dismissed, and the Tribunal upheld the CIT(A)'s decisions on various issues, providing relief to the assessee on multiple fronts. en-us Fri, 23 Jan 2009 00:00:00 +0530 Sat, 18 Aug 2012 14:46:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122841 The Tribunal allowed the assessee's appeal on the addition of accrued interest on deep discount bonds, disallowance of depreciation on commercial vehicles, and directed the re-computation of deductions under sections 80HHC and 80-IB. It upheld the exclusion of 90% of processing charges and excise duty/sales tax from total turnover for deductions. The treatment of miscellaneous income for deductions was also affirmed. The revenue's appeal was dismissed, and the Tribunal upheld the CIT(A)'s decisions on various issues, providing relief to the assessee on multiple fronts. Case-Laws Income Tax Fri, 23 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122841