https://www.taxtmi.com/caselaws?id=352266 The Tribunal upheld the CIT(A)'s decisions on various tax issues, including the addition of share application money under Section 68, disallowance of depreciation, interest, excise duty, and expenses, as well as reduction in production and repairs and maintenance expenditure. The appeal by the assessee was allowed, and the revenue's appeal was dismissed, with the Tribunal emphasizing the assessee's compliance with tax provisions and providing detailed justifications based on evidence and legal precedent. en-us Fri, 08 Dec 2017 00:00:00 +0530 Mon, 11 Dec 2017 08:29:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352266 The Tribunal upheld the CIT(A)'s decisions on various tax issues, including the addition of share application money under Section 68, disallowance of depreciation, interest, excise duty, and expenses, as well as reduction in production and repairs and maintenance expenditure. The appeal by the assessee was allowed, and the revenue's appeal was dismissed, with the Tribunal emphasizing the assessee's compliance with tax provisions and providing detailed justifications based on evidence and legal precedent. Case-Laws Income Tax Fri, 08 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352266