https://www.taxtmi.com/caselaws?id=186116 The appeal was allowed in favor of the appellant regarding the disallowance under section 43B for excise duty and sales tax, as the High Court held that the provisions did not apply when goods were still in the factory premises. The disallowance of depreciation was also overturned based on a High Court decision allowing the depreciation claimed by the appellant. The disallowance under section 14A for interest claimed was directed to be re-decided without applying rule 8D, emphasizing the importance of evidence, legal provisions, and proper assessment of claims. en-us Wed, 11 Apr 2012 00:00:00 +0530 Wed, 07 Sep 2016 16:53:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186116 The appeal was allowed in favor of the appellant regarding the disallowance under section 43B for excise duty and sales tax, as the High Court held that the provisions did not apply when goods were still in the factory premises. The disallowance of depreciation was also overturned based on a High Court decision allowing the depreciation claimed by the appellant. The disallowance under section 14A for interest claimed was directed to be re-decided without applying rule 8D, emphasizing the importance of evidence, legal provisions, and proper assessment of claims. Case-Laws Income Tax Wed, 11 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186116