https://www.taxtmi.com/caselaws?id=179863 Depreciation on land forming part of a building was rejected as covered against the assessee by the Tribunal's earlier view in its own case. Bad debt write-off issues were not finally concluded and were remitted for fresh examination under the Supreme Court's principles on the distinct operation of bad debt deductions and the statutory conditions for allowance. Disallowance linked to exempt income was restricted to 2% for consistency. A provision for staff welfare fund was disallowed as a mere provision without proof of an approved fund or satisfied deduction conditions. Provision for wage arrears was held allowable only in the year of actual payment, not mere provisioning. en-us Tue, 26 Feb 2013 00:00:00 +0530 Fri, 26 May 2017 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179863 Depreciation on land forming part of a building was rejected as covered against the assessee by the Tribunal's earlier view in its own case. Bad debt write-off issues were not finally concluded and were remitted for fresh examination under the Supreme Court's principles on the distinct operation of bad debt deductions and the statutory conditions for allowance. Disallowance linked to exempt income was restricted to 2% for consistency. A provision for staff welfare fund was disallowed as a mere provision without proof of an approved fund or satisfied deduction conditions. Provision for wage arrears was held allowable only in the year of actual payment, not mere provisioning. Case-Laws Income Tax Tue, 26 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179863