https://www.taxtmi.com/caselaws?id=182364 The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal. It upheld the CIT(A)'s decisions on various grounds, including the deletion of additions related to sales tax exemption claimed as capital subsidy, depreciation on assets not registered in the company's name, deduction under Section 80IA for synchronization charges, expenses paid from undisclosed sources, and provision for FBT in book profits. The Tribunal also affirmed the addition of expenditure under Section 14A for earning exempt income but disagreed with adjusting this expenditure to book profits for MAT liability under Section 115JB. en-us Fri, 31 Oct 2014 00:00:00 +0530 Sun, 08 May 2016 17:23:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182364 The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal. It upheld the CIT(A)'s decisions on various grounds, including the deletion of additions related to sales tax exemption claimed as capital subsidy, depreciation on assets not registered in the company's name, deduction under Section 80IA for synchronization charges, expenses paid from undisclosed sources, and provision for FBT in book profits. The Tribunal also affirmed the addition of expenditure under Section 14A for earning exempt income but disagreed with adjusting this expenditure to book profits for MAT liability under Section 115JB. Case-Laws Income Tax Fri, 31 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182364