https://www.taxtmi.com/caselaws?id=340832 The Tribunal allowed the Assessee's appeal in part, directing the deletion of disallowances made by the A.O. The Tribunal held that the Assessee was entitled to depreciation on Wind Energy Generators, disallowed under Section 14A read with Rule 8D, securitization gains amortized as per RBI guidelines, bad debts, and expenditure on advertisement and publicity for rebranding. The Tribunal emphasized adherence to judicial precedents and recognition of RBI guidelines in determining the nature of expenditures and allowances, resulting in significant deletions of disallowances. en-us Tue, 24 Jan 2017 00:00:00 +0530 Tue, 28 Mar 2017 06:48:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340832 The Tribunal allowed the Assessee's appeal in part, directing the deletion of disallowances made by the A.O. The Tribunal held that the Assessee was entitled to depreciation on Wind Energy Generators, disallowed under Section 14A read with Rule 8D, securitization gains amortized as per RBI guidelines, bad debts, and expenditure on advertisement and publicity for rebranding. The Tribunal emphasized adherence to judicial precedents and recognition of RBI guidelines in determining the nature of expenditures and allowances, resulting in significant deletions of disallowances. Case-Laws Income Tax Tue, 24 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340832