https://www.taxtmi.com/caselaws?id=330236 The Tribunal dismissed the revenue's appeals and partly allowed the assessee's appeals in a case involving various tax issues. The Tribunal upheld decisions favoring the assessee on matters such as bad debts written off, diminution in value of investments, disallowance of depreciation on leased assets, and applicability of Section 115JB. The Tribunal directed the AO to restrict disallowance under Section 14A and allowed the claim under Section 36(1)(viii) for the assessee. Additionally, the Tribunal upheld the disallowance of lease premium paid and expenditure related to the issue of capital. en-us Wed, 13 Jul 2016 00:00:00 +0530 Thu, 21 Jul 2016 10:39:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330236 The Tribunal dismissed the revenue's appeals and partly allowed the assessee's appeals in a case involving various tax issues. The Tribunal upheld decisions favoring the assessee on matters such as bad debts written off, diminution in value of investments, disallowance of depreciation on leased assets, and applicability of Section 115JB. The Tribunal directed the AO to restrict disallowance under Section 14A and allowed the claim under Section 36(1)(viii) for the assessee. Additionally, the Tribunal upheld the disallowance of lease premium paid and expenditure related to the issue of capital. Case-Laws Income Tax Wed, 13 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330236