https://www.taxtmi.com/caselaws?id=178969 The Tribunal remanded the issue of disallowance under section 14A to the Assessing Officer for reconsideration based on the need for judicial consistency. The Tribunal directed the reassessment of administrative expenses under section 14A in line with its previous decision. The Tribunal upheld the deletion of disallowance of depreciation on assets from a sale and leaseback transaction, citing consistency in decisions. The Cross Objection filed by the assessee was deemed infructuous due to the decision on the Revenue's appeal, resulting in its dismissal. The appeal by both parties was partly allowed for statistical purposes. en-us Thu, 21 Apr 2011 00:00:00 +0530 Wed, 17 Feb 2016 10:50:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178969 The Tribunal remanded the issue of disallowance under section 14A to the Assessing Officer for reconsideration based on the need for judicial consistency. The Tribunal directed the reassessment of administrative expenses under section 14A in line with its previous decision. The Tribunal upheld the deletion of disallowance of depreciation on assets from a sale and leaseback transaction, citing consistency in decisions. The Cross Objection filed by the assessee was deemed infructuous due to the decision on the Revenue's appeal, resulting in its dismissal. The appeal by both parties was partly allowed for statistical purposes. Case-Laws Income Tax Thu, 21 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178969