https://www.taxtmi.com/caselaws?id=257826 The appeal of the assessee was partly allowed. The Tribunal directed the Assessing Officer to allow the remaining depreciation for new machinery, reconsider the nature of share issue expenditure, assess additional weighted deduction, verify pre-operative expenditure details, confirm disallowance under Section 14A, deny depreciation on rental income, reevaluate transfer pricing adjustment, and treat income from carbon credit sales as trading receipt, not qualifying for deduction under section 80-IA. The Assessing Officer was instructed to make fresh decisions on these issues in compliance with the law. en-us Fri, 07 Mar 2014 00:00:00 +0530 Tue, 24 Mar 2015 06:53:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257826 The appeal of the assessee was partly allowed. The Tribunal directed the Assessing Officer to allow the remaining depreciation for new machinery, reconsider the nature of share issue expenditure, assess additional weighted deduction, verify pre-operative expenditure details, confirm disallowance under Section 14A, deny depreciation on rental income, reevaluate transfer pricing adjustment, and treat income from carbon credit sales as trading receipt, not qualifying for deduction under section 80-IA. The Assessing Officer was instructed to make fresh decisions on these issues in compliance with the law. Case-Laws Income Tax Fri, 07 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257826