https://www.taxtmi.com/caselaws?id=247694 The Tribunal upheld the Commissioner's decision in a tax case, rejecting the Department's appeal. The first issue involved disallowance of depreciation on computer accessories, with the Tribunal supporting the assessee's claim over the AO's disallowance. The second issue concerned disallowance under Section 14A r.w. Rule 8D, where the Tribunal found the AO's rejection of the claim improper due to inadequate consideration of financial details. Consequently, the Tribunal dismissed the Department's appeal, affirming the Commissioner's decision to delete the disallowance on both issues. en-us Fri, 09 May 2014 00:00:00 +0530 Tue, 20 May 2014 08:23:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247694 The Tribunal upheld the Commissioner's decision in a tax case, rejecting the Department's appeal. The first issue involved disallowance of depreciation on computer accessories, with the Tribunal supporting the assessee's claim over the AO's disallowance. The second issue concerned disallowance under Section 14A r.w. Rule 8D, where the Tribunal found the AO's rejection of the claim improper due to inadequate consideration of financial details. Consequently, the Tribunal dismissed the Department's appeal, affirming the Commissioner's decision to delete the disallowance on both issues. Case-Laws Income Tax Fri, 09 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247694