https://www.taxtmi.com/caselaws?id=260439 The Tribunal upheld the CIT(A)'s decision to delete the Revenue's additions related to discrepancies in electricity consumption, excess provisions for gratuity and leave encashment under Section 43B. However, the Tribunal directed the AO to reconsider the assessee's claim for additional depreciation on plant and machinery under Section 32(1)(iia) if statutory conditions were met, emphasizing the importance of statutory rights and correcting errors in tax computations. en-us Mon, 27 Jan 2014 00:00:00 +0530 Fri, 12 Jun 2015 05:54:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260439 The Tribunal upheld the CIT(A)'s decision to delete the Revenue's additions related to discrepancies in electricity consumption, excess provisions for gratuity and leave encashment under Section 43B. However, the Tribunal directed the AO to reconsider the assessee's claim for additional depreciation on plant and machinery under Section 32(1)(iia) if statutory conditions were met, emphasizing the importance of statutory rights and correcting errors in tax computations. Case-Laws Income Tax Mon, 27 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260439