https://www.taxtmi.com/caselaws?id=255540 The Revenue's appeal was dismissed, and the Assessee's appeal was allowed for statistical purposes, directing the issue to be sent back to the Assessing Officer for further examination. The Tribunal upheld the CIT(A)'s decisions on various issues, including allowing depreciation on assets, deletion of prior period expenses, and treatment of processing fees as revenue expenditure. The Tribunal also dismissed the Revenue's contentions on commission paid for processing loans and exchange rate fluctuation. The general grounds raised by the Revenue were dismissed without adjudication. The issue regarding provisions made towards routine expenses was remanded to the AO for proper examination. en-us Fri, 31 Jan 2014 00:00:00 +0530 Tue, 20 Jan 2015 07:14:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255540 The Revenue's appeal was dismissed, and the Assessee's appeal was allowed for statistical purposes, directing the issue to be sent back to the Assessing Officer for further examination. The Tribunal upheld the CIT(A)'s decisions on various issues, including allowing depreciation on assets, deletion of prior period expenses, and treatment of processing fees as revenue expenditure. The Tribunal also dismissed the Revenue's contentions on commission paid for processing loans and exchange rate fluctuation. The general grounds raised by the Revenue were dismissed without adjudication. The issue regarding provisions made towards routine expenses was remanded to the AO for proper examination. Case-Laws Income Tax Fri, 31 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255540