https://www.taxtmi.com/caselaws?id=268188 The Tribunal partly allowed the appeals for the assessment years 2007-08 and 2009-10. The disallowance of depreciation on tenancy rights was upheld. However, the addition of payments to retired partners was set aside, recognized as a diversion of income by overriding title. The disallowance under section 14A was confirmed. en-us Wed, 07 Oct 2015 00:00:00 +0530 Sat, 21 Nov 2015 15:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268188 The Tribunal partly allowed the appeals for the assessment years 2007-08 and 2009-10. The disallowance of depreciation on tenancy rights was upheld. However, the addition of payments to retired partners was set aside, recognized as a diversion of income by overriding title. The disallowance under section 14A was confirmed. Case-Laws Income Tax Wed, 07 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268188