https://www.taxtmi.com/caselaws?id=244948 The Tribunal partially allowed the appeal of the assessee, rejecting the disallowance of provision for outstanding expenses and upholding the inclusion of unutilized modvat credit in the closing stock. However, the Tribunal rejected the appellant's request for determination of brought forward unabsorbed depreciation allowance based on a previous order. The decision was based on a thorough analysis and interpretation of the IT Act, 1961. en-us Fri, 21 Feb 2014 00:00:00 +0530 Thu, 13 Mar 2014 08:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244948 The Tribunal partially allowed the appeal of the assessee, rejecting the disallowance of provision for outstanding expenses and upholding the inclusion of unutilized modvat credit in the closing stock. However, the Tribunal rejected the appellant's request for determination of brought forward unabsorbed depreciation allowance based on a previous order. The decision was based on a thorough analysis and interpretation of the IT Act, 1961. Case-Laws Income Tax Fri, 21 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244948