https://www.taxtmi.com/caselaws?id=262791 The Tribunal partly allowed the appeals regarding various tax issues across multiple assessment years. Disallowance under Section 14A was reduced or deleted based on exempt income ratios. Common expenses were apportioned with increased disallowances. Club expenses were allowed as business expenditure. Fringe benefit tax was excluded from book profit computation. Training expenses were treated as revenue expenditure. Depreciation on computer peripherals was increased. The Tribunal's rulings were based on legal precedents and specific facts of each case, resulting in partial allowance and dismissal of appeals. en-us Wed, 18 Mar 2015 00:00:00 +0530 Wed, 19 Aug 2015 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262791 The Tribunal partly allowed the appeals regarding various tax issues across multiple assessment years. Disallowance under Section 14A was reduced or deleted based on exempt income ratios. Common expenses were apportioned with increased disallowances. Club expenses were allowed as business expenditure. Fringe benefit tax was excluded from book profit computation. Training expenses were treated as revenue expenditure. Depreciation on computer peripherals was increased. The Tribunal's rulings were based on legal precedents and specific facts of each case, resulting in partial allowance and dismissal of appeals. Case-Laws Income Tax Wed, 18 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262791