https://www.taxtmi.com/caselaws?id=185897 The Tribunal upheld the CIT(A)'s decisions on all issues, allowing depreciation on the office building, foreign traveling expenditure, contribution to an unregistered Provident Fund Trust, and reducing the disallowance under Section 14A of the Income Tax Act. The disallowance of interest on late payment of TDS was also upheld. Both the revenue's and the assessee's appeals were dismissed, emphasizing adherence to precedent and reasonable allocation of expenses related to exempt income. The judgment was pronounced on 15th November 2011. en-us Tue, 15 Nov 2011 00:00:00 +0530 Fri, 15 Sep 2017 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185897 The Tribunal upheld the CIT(A)'s decisions on all issues, allowing depreciation on the office building, foreign traveling expenditure, contribution to an unregistered Provident Fund Trust, and reducing the disallowance under Section 14A of the Income Tax Act. The disallowance of interest on late payment of TDS was also upheld. Both the revenue's and the assessee's appeals were dismissed, emphasizing adherence to precedent and reasonable allocation of expenses related to exempt income. The judgment was pronounced on 15th November 2011. Case-Laws Income Tax Tue, 15 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185897