https://www.taxtmi.com/caselaws?id=238520 The Tribunal invalidated the reopening of assessments for 2003-04 due to time limit and full disclosure but justified it for 2005-06. Interest expenses disallowed for related parties were upheld for some years but adjusted for others. Disallowance of PF payment was deleted as timely. Excess depreciation on a storage tank was allowed. Unutilized CENVAT credit addition was rejected based on timely excise duty payment. The Tribunal allowed appeals for 2003-04 and 2008-09, partly for 2005-06 and 2009-10, and dismissed Revenue's appeals for 2005-06 and 2009-10, considering case specifics and legal precedents. en-us Wed, 25 Sep 2013 00:00:00 +0530 Wed, 23 Oct 2013 22:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238520 The Tribunal invalidated the reopening of assessments for 2003-04 due to time limit and full disclosure but justified it for 2005-06. Interest expenses disallowed for related parties were upheld for some years but adjusted for others. Disallowance of PF payment was deleted as timely. Excess depreciation on a storage tank was allowed. Unutilized CENVAT credit addition was rejected based on timely excise duty payment. The Tribunal allowed appeals for 2003-04 and 2008-09, partly for 2005-06 and 2009-10, and dismissed Revenue's appeals for 2005-06 and 2009-10, considering case specifics and legal precedents. Case-Laws Income Tax Wed, 25 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238520