https://www.taxtmi.com/caselaws?id=180218 The Tribunal remitted the disallowance of expenses under section 14A back to the Assessing Officer for reevaluation, citing the need for cogent reasons. The Tribunal allowed higher depreciation on leased vehicles based on relevant case law. The capital loss was deemed non-speculative, and interest levies were subject to the final case outcome. The appeal was allowed for statistical purposes, with issues referred back to the AO for review. en-us Fri, 06 Jul 2012 00:00:00 +0530 Fri, 18 Mar 2016 16:53:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180218 The Tribunal remitted the disallowance of expenses under section 14A back to the Assessing Officer for reevaluation, citing the need for cogent reasons. The Tribunal allowed higher depreciation on leased vehicles based on relevant case law. The capital loss was deemed non-speculative, and interest levies were subject to the final case outcome. The appeal was allowed for statistical purposes, with issues referred back to the AO for review. Case-Laws Income Tax Fri, 06 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180218