https://www.taxtmi.com/caselaws?id=190516 The Revenue's appeal was allowed for statistical purposes, and the assessee's appeal was partly allowed. The delay in filing the Revenue's appeal was condoned, and the appeal was admitted for hearing. The issue of leave encashment provision was remitted back to the AO pending the Supreme Court's decision. The Tribunal allowed the claim for the leftover additional depreciation. The disallowance under Section 14A read with Rule 8D was not upheld due to lack of cogent reasons by the AO. As no disallowance under Section 14A was made, the issue of disallowance to the book profit under Section 115JB did not arise. en-us Wed, 18 May 2016 00:00:00 +0530 Sat, 18 Feb 2017 10:17:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190516 The Revenue's appeal was allowed for statistical purposes, and the assessee's appeal was partly allowed. The delay in filing the Revenue's appeal was condoned, and the appeal was admitted for hearing. The issue of leave encashment provision was remitted back to the AO pending the Supreme Court's decision. The Tribunal allowed the claim for the leftover additional depreciation. The disallowance under Section 14A read with Rule 8D was not upheld due to lack of cogent reasons by the AO. As no disallowance under Section 14A was made, the issue of disallowance to the book profit under Section 115JB did not arise. Case-Laws Income Tax Wed, 18 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190516