https://www.taxtmi.com/caselaws?id=352261 The Tribunal remanded the disallowance of depreciation on a showroom and expenses under section 40a(ia) of the Income Tax Act to the Assessing Officer. The Tribunal emphasized the need for evidence of bifurcation for depreciation purposes and reconsideration of the disallowances in light of legal provisions and precedents cited during the proceedings. The appeal was allowed for statistical purposes, setting aside the disallowances for further examination by the AO. en-us Wed, 06 Dec 2017 00:00:00 +0530 Mon, 11 Dec 2017 08:29:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352261 The Tribunal remanded the disallowance of depreciation on a showroom and expenses under section 40a(ia) of the Income Tax Act to the Assessing Officer. The Tribunal emphasized the need for evidence of bifurcation for depreciation purposes and reconsideration of the disallowances in light of legal provisions and precedents cited during the proceedings. The appeal was allowed for statistical purposes, setting aside the disallowances for further examination by the AO. Case-Laws Income Tax Wed, 06 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352261