https://www.taxtmi.com/caselaws?id=242215 The Tribunal dismissed the revenue's appeal challenging the addition made on account of cess on green leaf, disallowance of notional interest on sticky loans, disallowance of depreciation on plant and machinery purchased from NABARD, addition of expenses u/s. 14A to ascertain book profit u/s. 115JB, mismatch in ITS details, and disallowance u/s. 40A read with Rule 8D of the I.T. Rules, 1962. The Tribunal upheld the CIT(A)'s decisions on these issues, also dismissing the Cross Objection of the assessee, thereby concluding the case in favor of the CIT(A) on all grounds. en-us Fri, 08 Feb 2013 00:00:00 +0530 Fri, 10 Jan 2014 10:35:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242215 The Tribunal dismissed the revenue's appeal challenging the addition made on account of cess on green leaf, disallowance of notional interest on sticky loans, disallowance of depreciation on plant and machinery purchased from NABARD, addition of expenses u/s. 14A to ascertain book profit u/s. 115JB, mismatch in ITS details, and disallowance u/s. 40A read with Rule 8D of the I.T. Rules, 1962. The Tribunal upheld the CIT(A)'s decisions on these issues, also dismissing the Cross Objection of the assessee, thereby concluding the case in favor of the CIT(A) on all grounds. Case-Laws Income Tax Fri, 08 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242215