https://www.taxtmi.com/caselaws?id=237018 The Tribunal allowed the Assessee's appeal regarding depreciation on windmills, disallowance under Section 14A, and penalty under Section 271(1)(c). It remitted the disallowance under Section 14A back to the AO for fresh examination. The Tribunal also allowed the Assessee's appeal on disallowance under Section 36(1)(vii) and compensation expenses for termination of a rent agreement. The penalty under Section 271(1)(c) was cancelled as the quantum addition was deleted. The Tribunal dismissed the CIT's revision order on fringe benefit tax, providing relief to the Assessee on various grounds. en-us Tue, 10 Sep 2013 00:00:00 +0530 Wed, 30 Mar 2016 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237018 The Tribunal allowed the Assessee's appeal regarding depreciation on windmills, disallowance under Section 14A, and penalty under Section 271(1)(c). It remitted the disallowance under Section 14A back to the AO for fresh examination. The Tribunal also allowed the Assessee's appeal on disallowance under Section 36(1)(vii) and compensation expenses for termination of a rent agreement. The penalty under Section 271(1)(c) was cancelled as the quantum addition was deleted. The Tribunal dismissed the CIT's revision order on fringe benefit tax, providing relief to the Assessee on various grounds. Case-Laws Income Tax Tue, 10 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237018