https://www.taxtmi.com/caselaws?id=250817 The tribunal upheld the CIT(A)'s decisions on most issues, including the deduction of VRS payment under Section 35DDA, depreciation on electric vehicles, disallowance of gratuity payment under Section 40A(7), prior year expenses, interest subsidy on house building loans, and benevolent expenses. However, the tribunal reversed the treatment of the grant for electric vehicles, applying the matching principle. Separate judgments were delivered for each assessment year and issue, with decisions based on the merits of each case and relevant legal provisions. en-us Thu, 21 Aug 2014 00:00:00 +0530 Tue, 26 Aug 2014 15:38:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250817 The tribunal upheld the CIT(A)'s decisions on most issues, including the deduction of VRS payment under Section 35DDA, depreciation on electric vehicles, disallowance of gratuity payment under Section 40A(7), prior year expenses, interest subsidy on house building loans, and benevolent expenses. However, the tribunal reversed the treatment of the grant for electric vehicles, applying the matching principle. Separate judgments were delivered for each assessment year and issue, with decisions based on the merits of each case and relevant legal provisions. Case-Laws Income Tax Thu, 21 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250817