https://www.taxtmi.com/caselaws?id=178964 The appeal involved various issues such as disallowance of interest u/s.14A, administrative expenses, provisions in diminution in value of investments, charging of interest u/s 234B, and u/s.234D. The Tribunal allowed the appeal in part, remitting the disallowance of interest u/s.14A back to the Assessing Officer for reconsideration, dismissed the disallowance of administrative expenses, upheld the disallowance of provisions in diminution in value of investments, and upheld the charging of interest u/s 234B and partially allowed the charging of interest u/s.234D. In a separate judgment on the Revenue's appeal, the Tribunal dismissed the issue related to disallowance of depreciation on assets of sale and lease-back transactions. en-us Fri, 21 Jan 2011 00:00:00 +0530 Wed, 17 Feb 2016 10:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178964 The appeal involved various issues such as disallowance of interest u/s.14A, administrative expenses, provisions in diminution in value of investments, charging of interest u/s 234B, and u/s.234D. The Tribunal allowed the appeal in part, remitting the disallowance of interest u/s.14A back to the Assessing Officer for reconsideration, dismissed the disallowance of administrative expenses, upheld the disallowance of provisions in diminution in value of investments, and upheld the charging of interest u/s 234B and partially allowed the charging of interest u/s.234D. In a separate judgment on the Revenue's appeal, the Tribunal dismissed the issue related to disallowance of depreciation on assets of sale and lease-back transactions. Case-Laws Income Tax Fri, 21 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178964