https://www.taxtmi.com/caselaws?id=218836 The Calcutta High Court, through Judge Mr. Joymalya Bagchi, addressed three key issues in a recent judgment. The appellant chose not to pursue the depreciation treatment of long-term lease-hold properties, with the judges refraining from expressing an opinion. The tax treatment of dividend income from UTI units, previously decided against the appellant, was upheld, resulting in the dismissal of the appeal. Similarly, the appeal on the disallowance of foreign tour expenditure was also dismissed, with the judges finding no reason to differ from a previous judgment allowing 50% of the expenditure. en-us Fri, 12 Oct 2012 00:00:00 +0530 Tue, 27 Nov 2012 15:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218836 The Calcutta High Court, through Judge Mr. Joymalya Bagchi, addressed three key issues in a recent judgment. The appellant chose not to pursue the depreciation treatment of long-term lease-hold properties, with the judges refraining from expressing an opinion. The tax treatment of dividend income from UTI units, previously decided against the appellant, was upheld, resulting in the dismissal of the appeal. Similarly, the appeal on the disallowance of foreign tour expenditure was also dismissed, with the judges finding no reason to differ from a previous judgment allowing 50% of the expenditure. Case-Laws Income Tax Fri, 12 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218836