https://www.taxtmi.com/caselaws?id=213838 The appeal was partly allowed for statistical purposes. The issue of disallowance under Section 14A was remanded for fresh adjudication to ascertain the utilization of borrowed funds. The deletion of addition due to disallowance of excess depreciation on computer peripherals was upheld based on the entitlement to higher depreciation for peripherals integral to the computer system. en-us Fri, 07 Oct 2011 00:00:00 +0530 Wed, 23 May 2012 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213838 The appeal was partly allowed for statistical purposes. The issue of disallowance under Section 14A was remanded for fresh adjudication to ascertain the utilization of borrowed funds. The deletion of addition due to disallowance of excess depreciation on computer peripherals was upheld based on the entitlement to higher depreciation for peripherals integral to the computer system. Case-Laws Income Tax Fri, 07 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213838