https://www.taxtmi.com/caselaws?id=343531 The appeal involved cross-appeals on various issues related to disallowances under different sections. The court dismissed the assessee's appeal concerning the disallowance of expenditure on acquiring design without tax deduction but allowed depreciation on the capital expenditure. The court dismissed the second issue on interest payment due to non-pursuance by the assessee. However, the court partly allowed the appeal on the third issue regarding the disallowance of hire charges, directing the AO to delete the disallowance based on the judgment of the Hon'ble Kolkata High Court. en-us Tue, 23 May 2017 00:00:00 +0530 Sat, 27 May 2017 07:04:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343531 The appeal involved cross-appeals on various issues related to disallowances under different sections. The court dismissed the assessee's appeal concerning the disallowance of expenditure on acquiring design without tax deduction but allowed depreciation on the capital expenditure. The court dismissed the second issue on interest payment due to non-pursuance by the assessee. However, the court partly allowed the appeal on the third issue regarding the disallowance of hire charges, directing the AO to delete the disallowance based on the judgment of the Hon'ble Kolkata High Court. Case-Laws Income Tax Tue, 23 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343531