https://www.taxtmi.com/caselaws?id=235762 The court upheld the assessee's arguments in various disallowance cases, directing the Assessing Officer (AO) to re-determine disallowances under Section 14A based on a reasonable method, allow payment to LIC for leave encashment under section 37(1), grant additional depreciation for computers in factory areas, and recognize business expenses like repair/maintenance and expansion costs. Disallowances for non-deduction of TDS were re-evaluated, with some disallowances upheld for car rental charges and gifts to game show winners. However, disallowances for various expenses like catering services, room rent, and advertisement expenses were deleted, along with adjustments for transfer pricing and warranty provisions. en-us Tue, 11 Jun 2013 00:00:00 +0530 Sun, 18 Aug 2013 00:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235762 The court upheld the assessee's arguments in various disallowance cases, directing the Assessing Officer (AO) to re-determine disallowances under Section 14A based on a reasonable method, allow payment to LIC for leave encashment under section 37(1), grant additional depreciation for computers in factory areas, and recognize business expenses like repair/maintenance and expansion costs. Disallowances for non-deduction of TDS were re-evaluated, with some disallowances upheld for car rental charges and gifts to game show winners. However, disallowances for various expenses like catering services, room rent, and advertisement expenses were deleted, along with adjustments for transfer pricing and warranty provisions. Case-Laws Income Tax Tue, 11 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235762