https://www.taxtmi.com/caselaws?id=205465 The appeal for AY 2004-05 was dismissed as infructuous due to the Tribunal's previous directions. For AY 2005-06, the Tribunal allowed the claim for product development expenses, depreciation on UPS, and software expenses. The issue of unutilized CENVAT credit was remanded for fresh examination. The disallowance of interest and leave encashment expenses was also set aside for reconsideration. The appeal under sections 14A and 36(1)(iii) was not pressed. The Tribunal provided detailed directions for further assessment based on consistent precedents. en-us Tue, 31 May 2011 00:00:00 +0530 Fri, 23 Sep 2011 08:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205465 The appeal for AY 2004-05 was dismissed as infructuous due to the Tribunal's previous directions. For AY 2005-06, the Tribunal allowed the claim for product development expenses, depreciation on UPS, and software expenses. The issue of unutilized CENVAT credit was remanded for fresh examination. The disallowance of interest and leave encashment expenses was also set aside for reconsideration. The appeal under sections 14A and 36(1)(iii) was not pressed. The Tribunal provided detailed directions for further assessment based on consistent precedents. Case-Laws Income Tax Tue, 31 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205465