https://www.taxtmi.com/caselaws?id=178353 The Tribunal partially allowed the Revenue's appeal, upholding the CIT(A)'s decisions on various issues. It ruled in favor of the assessee on disallowances under sections 14A and 36(1)(iii) of the Income Tax Act, valuation of closing stock, and expenses incurred on transmission line and contribution to UPPCL. The Tribunal partially allowed the disallowance under section 14A for computing book profit under section 115JB. en-us Thu, 30 Jan 2014 00:00:00 +0530 Wed, 03 Feb 2016 09:49:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178353 The Tribunal partially allowed the Revenue's appeal, upholding the CIT(A)'s decisions on various issues. It ruled in favor of the assessee on disallowances under sections 14A and 36(1)(iii) of the Income Tax Act, valuation of closing stock, and expenses incurred on transmission line and contribution to UPPCL. The Tribunal partially allowed the disallowance under section 14A for computing book profit under section 115JB. Case-Laws Income Tax Thu, 30 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178353