https://www.taxtmi.com/caselaws?id=238825 The appeals were partly allowed, with the assessee's claim for depreciation on share dilution expenses upheld based on earlier favorable decisions. The write-off of tender deposits and depreciation on transferred assets were allowed, while the addition on closing stock of diesel and coal was set aside. The classification of interest income and various deductions were restored to the AO for re-examination. The issue of unpaid interest liability and other matters were also referred back to the AO for fresh adjudication, with directions to follow precedents and provide the assessee an opportunity to clarify claims and receipts. en-us Wed, 12 Jun 2013 00:00:00 +0530 Tue, 29 Oct 2013 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238825 The appeals were partly allowed, with the assessee's claim for depreciation on share dilution expenses upheld based on earlier favorable decisions. The write-off of tender deposits and depreciation on transferred assets were allowed, while the addition on closing stock of diesel and coal was set aside. The classification of interest income and various deductions were restored to the AO for re-examination. The issue of unpaid interest liability and other matters were also referred back to the AO for fresh adjudication, with directions to follow precedents and provide the assessee an opportunity to clarify claims and receipts. Case-Laws Income Tax Wed, 12 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238825