https://www.taxtmi.com/caselaws?id=258411 The Tribunal ruled in favor of the assessee on the disallowance of depreciation on assets leased to REPL and AEL, as well as on the deletion of addition on account of broken period interest. However, the disallowance of guest house expenses and interest attributable to earning tax-free income was upheld. The decisions aligned with legal precedents and previous rulings in the assessee's cases. en-us Wed, 18 Feb 2015 00:00:00 +0530 Thu, 09 Apr 2015 06:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258411 The Tribunal ruled in favor of the assessee on the disallowance of depreciation on assets leased to REPL and AEL, as well as on the deletion of addition on account of broken period interest. However, the disallowance of guest house expenses and interest attributable to earning tax-free income was upheld. The decisions aligned with legal precedents and previous rulings in the assessee's cases. Case-Laws Income Tax Wed, 18 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258411