https://www.taxtmi.com/caselaws?id=202190 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee on all issues, allowing depreciation on fixed assets, recognizing expenditure related to capital assets as normal business expenditure, approving commission payments, and deleting accrued interest on fixed deposits. The disallowance under Section 14A was partially allowed, restricting the expenses related to exempt dividend income. The revenue's appeal was dismissed, and the cross objection of the assessee was partly allowed. en-us Fri, 11 Feb 2011 00:00:00 +0530 Fri, 04 Mar 2011 08:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202190 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee on all issues, allowing depreciation on fixed assets, recognizing expenditure related to capital assets as normal business expenditure, approving commission payments, and deleting accrued interest on fixed deposits. The disallowance under Section 14A was partially allowed, restricting the expenses related to exempt dividend income. The revenue's appeal was dismissed, and the cross objection of the assessee was partly allowed. Case-Laws Income Tax Fri, 11 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202190