https://www.taxtmi.com/caselaws?id=335815 The Tribunal upheld the eligibility of warehousing rentals and transportation revenues for deduction under section 80IA(4) of the Income Tax Act, referencing relevant case law. It affirmed the imputation of notional interest on unsecured loans and disallowance of depreciation on non-operational warehousing facilities. The Tribunal set aside the Commissioner's revision of assessment under section 263, ruling in favor of the original assessment's legality. Both the Revenue and the assessee's appeals were dismissed, except for the assessee's successful appeal against the revision of assessment. en-us Fri, 25 Nov 2016 00:00:00 +0530 Fri, 09 Dec 2016 16:20:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335815 The Tribunal upheld the eligibility of warehousing rentals and transportation revenues for deduction under section 80IA(4) of the Income Tax Act, referencing relevant case law. It affirmed the imputation of notional interest on unsecured loans and disallowance of depreciation on non-operational warehousing facilities. The Tribunal set aside the Commissioner's revision of assessment under section 263, ruling in favor of the original assessment's legality. Both the Revenue and the assessee's appeals were dismissed, except for the assessee's successful appeal against the revision of assessment. Case-Laws Income Tax Fri, 25 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335815