https://www.taxtmi.com/caselaws?id=242377 The appeal was partly allowed for statistical purposes. The Tribunal directed the AO to grant relief to the appellant for the addition of container income in subsequent assessment years. The appellant's claim for depreciation was allowed based on consistency with a previous decision. The claim of exemption under section 10(34) was remanded for fresh adjudication. The adjustment of carry forward of excess application of income was also remanded for further examination. However, the Tribunal upheld the charging of interest under section 234D, as per the Bombay High Court's decision. en-us Wed, 11 Dec 2013 00:00:00 +0530 Tue, 14 Jan 2014 09:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242377 The appeal was partly allowed for statistical purposes. The Tribunal directed the AO to grant relief to the appellant for the addition of container income in subsequent assessment years. The appellant's claim for depreciation was allowed based on consistency with a previous decision. The claim of exemption under section 10(34) was remanded for fresh adjudication. The adjustment of carry forward of excess application of income was also remanded for further examination. However, the Tribunal upheld the charging of interest under section 234D, as per the Bombay High Court's decision. Case-Laws Income Tax Wed, 11 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242377