https://www.taxtmi.com/caselaws?id=193342 The Tribunal dismissed the departmental appeals in favor of the assessee on various issues including depreciation on Iraqi assets, depreciation on temporary erections, disallowance of interest on borrowings, addition on account of retention money, disallowance of manufacturing and miscellaneous expenses, and disallowance of deduction under Section 80IA. The Tribunal held that the Assessing Officer's additions were not justified as they did not represent actual gains or income for taxation purposes. The decisions were consistent with previous judgments in similar cases, and the appeals were dismissed with no substantial questions of law arising. en-us Tue, 18 Apr 2017 00:00:00 +0530 Tue, 25 Jul 2017 07:52:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193342 The Tribunal dismissed the departmental appeals in favor of the assessee on various issues including depreciation on Iraqi assets, depreciation on temporary erections, disallowance of interest on borrowings, addition on account of retention money, disallowance of manufacturing and miscellaneous expenses, and disallowance of deduction under Section 80IA. The Tribunal held that the Assessing Officer's additions were not justified as they did not represent actual gains or income for taxation purposes. The decisions were consistent with previous judgments in similar cases, and the appeals were dismissed with no substantial questions of law arising. Case-Laws Income Tax Tue, 18 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193342