https://www.taxtmi.com/caselaws?id=349932 The Tribunal upheld the disallowance of pre-commencement expenses and depreciation but allowed the alternate ground for capitalization of these expenses. It also remanded the issue of interest income from temporary parking of equity funds back to the AO for reconsideration in light of relevant case law. The appeal was partly allowed for statistical purposes. en-us Tue, 17 Oct 2017 00:00:00 +0530 Thu, 26 Oct 2017 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349932 The Tribunal upheld the disallowance of pre-commencement expenses and depreciation but allowed the alternate ground for capitalization of these expenses. It also remanded the issue of interest income from temporary parking of equity funds back to the AO for reconsideration in light of relevant case law. The appeal was partly allowed for statistical purposes. Case-Laws Income Tax Tue, 17 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349932