https://www.taxtmi.com/caselaws?id=257678 The Tribunal upheld the disallowance of higher depreciation claimed on assets classified as "pollution control equipment" and the assessment of loans and commodity trading profits under section 68. However, the Tribunal remanded the issue of interest expenditure for fresh examination and directed the AO to allow the set-off of business losses against income assessed under section 68. en-us Fri, 11 Apr 2014 00:00:00 +0530 Thu, 19 Mar 2015 07:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257678 The Tribunal upheld the disallowance of higher depreciation claimed on assets classified as "pollution control equipment" and the assessment of loans and commodity trading profits under section 68. However, the Tribunal remanded the issue of interest expenditure for fresh examination and directed the AO to allow the set-off of business losses against income assessed under section 68. Case-Laws Income Tax Fri, 11 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257678