https://www.taxtmi.com/caselaws?id=186807 The Tribunal partly allowed the appeals for Assessment Year 2002-03, directing the Assessing Officer to re-examine the claim under Section 14A in light of a High Court decision. The deletion of interest under Section 234D was upheld, citing its applicability from a specific date. The deletion of an addition on account of valuation of closing stock was affirmed due to consistent valuation methods. The claim of deduction under Section 80HHC was remanded for reconsideration based on a High Court decision. The disallowance of depreciation on a building was overturned, following a Supreme Court ruling. The disallowance of payments made to PF was deleted by the Tribunal. The Revenue's appeal for Assessment Year 2004-05 was dismissed. en-us Fri, 29 Apr 2011 00:00:00 +0530 Sat, 01 Oct 2016 10:29:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186807 The Tribunal partly allowed the appeals for Assessment Year 2002-03, directing the Assessing Officer to re-examine the claim under Section 14A in light of a High Court decision. The deletion of interest under Section 234D was upheld, citing its applicability from a specific date. The deletion of an addition on account of valuation of closing stock was affirmed due to consistent valuation methods. The claim of deduction under Section 80HHC was remanded for reconsideration based on a High Court decision. The disallowance of depreciation on a building was overturned, following a Supreme Court ruling. The disallowance of payments made to PF was deleted by the Tribunal. The Revenue's appeal for Assessment Year 2004-05 was dismissed. Case-Laws Income Tax Fri, 29 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186807