https://www.taxtmi.com/caselaws?id=261126 The Tribunal allowed the assessee's appeals for AY 2005-06, 2006-07, and 2008-09 by deleting disallowed business expenses and setting aside the issue of marketing and survey expenses for fresh consideration. The revenue's appeals for AY 2006-07 and 2008-09 were dismissed, upholding the allowance of additional depreciation on new machinery and deletion of disallowed vehicle-related depreciation. The Tribunal emphasized consistency, natural justice, and the inanimate nature of a limited company in its judgment. en-us Mon, 15 Jun 2015 00:00:00 +0530 Fri, 03 Jul 2015 07:47:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261126 The Tribunal allowed the assessee's appeals for AY 2005-06, 2006-07, and 2008-09 by deleting disallowed business expenses and setting aside the issue of marketing and survey expenses for fresh consideration. The revenue's appeals for AY 2006-07 and 2008-09 were dismissed, upholding the allowance of additional depreciation on new machinery and deletion of disallowed vehicle-related depreciation. The Tribunal emphasized consistency, natural justice, and the inanimate nature of a limited company in its judgment. Case-Laws Income Tax Mon, 15 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261126