https://www.taxtmi.com/caselaws?id=178966 Prior acceptance of depreciation on sale-and-lease-back assets on identical facts was treated as binding for consistency, so the disallowance was deleted. MAT credit had to be set off before computing interest under sections 234B and 234C, requiring recomputation of interest after credit. The section 14A disallowance relating to proportionate interest and administrative was remitted for fresh determination, as facts were incomplete. The Tribunal also upheld disallowance of the provision for diminution in investment value, sustained interest under section 234B, and maintained the restricted disallowance of administrative expenses under section 14A, following its earlier view in the assessee's own case. en-us Fri, 11 Sep 2009 00:00:00 +0530 Wed, 17 Feb 2016 10:44:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178966 Prior acceptance of depreciation on sale-and-lease-back assets on identical facts was treated as binding for consistency, so the disallowance was deleted. MAT credit had to be set off before computing interest under sections 234B and 234C, requiring recomputation of interest after credit. The section 14A disallowance relating to proportionate interest and administrative was remitted for fresh determination, as facts were incomplete. The Tribunal also upheld disallowance of the provision for diminution in investment value, sustained interest under section 234B, and maintained the restricted disallowance of administrative expenses under section 14A, following its earlier view in the assessee's own case. Case-Laws Income Tax Fri, 11 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178966