https://www.taxtmi.com/caselaws?id=180840 The Tribunal upheld the CIT(A)'s decisions on various issues such as depreciation on pollution control equipment and provision for leave encashment. It remanded the civil construction expenses issue for further verification and allowed additional depreciation on a thermal power plant based on jurisdictional High Court decisions. The Tribunal also upheld the levy of interest on MAT liability but disallowed penal payments to the Sales Tax Department. The overall outcome was a mixed decision, with some issues upheld, some remanded, and some disallowed based on legal precedents. en-us Thu, 30 Sep 2010 00:00:00 +0530 Sat, 02 Apr 2016 15:33:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180840 The Tribunal upheld the CIT(A)'s decisions on various issues such as depreciation on pollution control equipment and provision for leave encashment. It remanded the civil construction expenses issue for further verification and allowed additional depreciation on a thermal power plant based on jurisdictional High Court decisions. The Tribunal also upheld the levy of interest on MAT liability but disallowed penal payments to the Sales Tax Department. The overall outcome was a mixed decision, with some issues upheld, some remanded, and some disallowed based on legal precedents. Case-Laws Income Tax Thu, 30 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180840