https://www.taxtmi.com/caselaws?id=248666 The Tribunal upheld the deletion of an addition for excess depreciation on computer peripherals, citing a precedent allowing higher depreciation rates. Regarding the disallowance under Section 14A read with Rule 8D, the Tribunal directed exclusion of investments in foreign companies from the computation of exempt assets, partially allowing the Revenue's appeal. en-us Fri, 30 May 2014 00:00:00 +0530 Thu, 19 Jun 2014 20:51:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248666 The Tribunal upheld the deletion of an addition for excess depreciation on computer peripherals, citing a precedent allowing higher depreciation rates. Regarding the disallowance under Section 14A read with Rule 8D, the Tribunal directed exclusion of investments in foreign companies from the computation of exempt assets, partially allowing the Revenue's appeal. Case-Laws Income Tax Fri, 30 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248666