https://www.taxtmi.com/caselaws?id=336105 The Tribunal partly allowed the assessee's appeals and partly allowed the Revenue's appeal. The disallowance under Section 14A was recalculated at Rs. 64,215, to be added to the book profit under Section 115JB. Interest under Section 234C was to be charged on the returned income. The disallowance of employees' PF contribution was deleted, and depreciation on the flat was allowed at 5%. The Tribunal's decisions were based on legal precedents and specific facts of each issue, ensuring a comprehensive analysis. en-us Fri, 11 Nov 2016 00:00:00 +0530 Thu, 15 Dec 2016 18:56:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336105 The Tribunal partly allowed the assessee's appeals and partly allowed the Revenue's appeal. The disallowance under Section 14A was recalculated at Rs. 64,215, to be added to the book profit under Section 115JB. Interest under Section 234C was to be charged on the returned income. The disallowance of employees' PF contribution was deleted, and depreciation on the flat was allowed at 5%. The Tribunal's decisions were based on legal precedents and specific facts of each issue, ensuring a comprehensive analysis. Case-Laws Income Tax Fri, 11 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336105