https://www.taxtmi.com/caselaws?id=239397 The High Court partially allowed the appeals and remanded them to the Income Tax Appellate Tribunal for reconsideration of disallowances under Section 35E / 37(1), disallowance of depreciation on sale and lease back assets, and exclusion of the principal sum of lease rent. The Tribunal is instructed to review the appeals afresh, providing both parties with the chance to present their arguments. The High Court did not express any opinion on the merits, leaving the applicability of prior tribunal decisions open for review. en-us Tue, 13 Aug 2013 00:00:00 +0530 Wed, 13 Nov 2013 09:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239397 The High Court partially allowed the appeals and remanded them to the Income Tax Appellate Tribunal for reconsideration of disallowances under Section 35E / 37(1), disallowance of depreciation on sale and lease back assets, and exclusion of the principal sum of lease rent. The Tribunal is instructed to review the appeals afresh, providing both parties with the chance to present their arguments. The High Court did not express any opinion on the merits, leaving the applicability of prior tribunal decisions open for review. Case-Laws Income Tax Tue, 13 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239397