https://www.taxtmi.com/caselaws?id=234332 The Tribunal partly allowed the Revenue's appeal, upholding the decision on the disallowance of interest under section 14A and the additional depreciation on freight and other charges related to machinery. The assessee's plea regarding interest disallowance was accepted, limiting relief to interest on working capital loans only. Additionally, the claim for additional depreciation on freight charges related to machinery was approved, as the charges were deemed part of the machinery's cost and eligible for additional depreciation. en-us Wed, 13 Feb 2013 00:00:00 +0530 Fri, 07 Jun 2013 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234332 The Tribunal partly allowed the Revenue's appeal, upholding the decision on the disallowance of interest under section 14A and the additional depreciation on freight and other charges related to machinery. The assessee's plea regarding interest disallowance was accepted, limiting relief to interest on working capital loans only. Additionally, the claim for additional depreciation on freight charges related to machinery was approved, as the charges were deemed part of the machinery's cost and eligible for additional depreciation. Case-Laws Income Tax Wed, 13 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234332