https://www.taxtmi.com/caselaws?id=238315 The tribunal upheld the CIT(A)'s decisions on various issues including disallowance of interest, deferred tax claim, treatment of lease rent income, depreciation on leased assets, expenses claimed under section 37(1), expenses towards bank charges, deduction under section 80IA/80IB, and disallowance under section 40(a)(ia). The tribunal dismissed both the department's and the assessee's appeals, affirming the CIT(A)'s rulings based on legal precedents and provisions of the Income Tax Act. en-us Wed, 09 Oct 2013 00:00:00 +0530 Mon, 21 Oct 2013 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238315 The tribunal upheld the CIT(A)'s decisions on various issues including disallowance of interest, deferred tax claim, treatment of lease rent income, depreciation on leased assets, expenses claimed under section 37(1), expenses towards bank charges, deduction under section 80IA/80IB, and disallowance under section 40(a)(ia). The tribunal dismissed both the department's and the assessee's appeals, affirming the CIT(A)'s rulings based on legal precedents and provisions of the Income Tax Act. Case-Laws Income Tax Wed, 09 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238315