https://www.taxtmi.com/caselaws?id=332332 The Revenue's appeal against the CIT(A)'s decision allowing the assessee's deduction under Section 80HHC was upheld by the Tribunal, aligning with the Supreme Court's decision in Topman Exports. The Tribunal confirmed the CIT(A)'s deletion of the disallowed depreciation on Pollution Control Equipment, allowing 100% depreciation. The Tribunal upheld the CIT(A)'s reduction of disallowance under Section 14A and the full bad debt write-off. The Tribunal dismissed the cross-objection for additional depreciation and partial disallowance under Section 14A. The case outcomes were as follows: ITA No. 973/Kol/2013 was allowed for statistical purposes, ITA No. 974/Kol/2013 was dismissed, and C.O. No. 70/Kol/2013 was also dismissed. en-us Wed, 03 Aug 2016 00:00:00 +0530 Thu, 15 Sep 2016 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332332 The Revenue's appeal against the CIT(A)'s decision allowing the assessee's deduction under Section 80HHC was upheld by the Tribunal, aligning with the Supreme Court's decision in Topman Exports. The Tribunal confirmed the CIT(A)'s deletion of the disallowed depreciation on Pollution Control Equipment, allowing 100% depreciation. The Tribunal upheld the CIT(A)'s reduction of disallowance under Section 14A and the full bad debt write-off. The Tribunal dismissed the cross-objection for additional depreciation and partial disallowance under Section 14A. The case outcomes were as follows: ITA No. 973/Kol/2013 was allowed for statistical purposes, ITA No. 974/Kol/2013 was dismissed, and C.O. No. 70/Kol/2013 was also dismissed. Case-Laws Income Tax Wed, 03 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332332