https://www.taxtmi.com/caselaws?id=261563 The tribunal partially allowed the assessee's appeal, directing the provision for post-retirement medical benefits to be allowed subject to actuarial validation, allowing expenditure for acquiring the right to use know-how, permitting the contribution to the 20-point program, valuing closing stock under Section 145A, granting deduction for capital power plants and LPG bottling plants, disallowing write-off of capital work-in-progress, assessing interest under Section 244A, allowing deduction of interest withdrawn under Section 244A, and estimating disallowance under Section 14A for tax-exempt income at Rs. 10 lacs. The tribunal provided specific directions and clarifications for each issue, ensuring compliance with legal precedents and tax laws. en-us Mon, 06 Jul 2015 00:00:00 +0530 Thu, 16 Jul 2015 08:43:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261563 The tribunal partially allowed the assessee's appeal, directing the provision for post-retirement medical benefits to be allowed subject to actuarial validation, allowing expenditure for acquiring the right to use know-how, permitting the contribution to the 20-point program, valuing closing stock under Section 145A, granting deduction for capital power plants and LPG bottling plants, disallowing write-off of capital work-in-progress, assessing interest under Section 244A, allowing deduction of interest withdrawn under Section 244A, and estimating disallowance under Section 14A for tax-exempt income at Rs. 10 lacs. The tribunal provided specific directions and clarifications for each issue, ensuring compliance with legal precedents and tax laws. Case-Laws Income Tax Mon, 06 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261563