https://www.taxtmi.com/caselaws?id=354022 The Tribunal dismissed the Revenue's appeals on various issues such as staff welfare expenses, publicity expenses, depreciation on intangible assets, assets retired from use, enabling assets written off, and exchange rate differences on loans. However, the Tribunal allowed the Revenue's appeal on the donation to Nandi Foundation issue, while directing further consideration on mine development expenses, undervaluation of closing stock, and reduction in claim under Section 80IA. Additionally, the Tribunal dismissed the assessee's appeal regarding deductions for charitable contributions, emphasizing the lack of a direct nexus with the business. en-us Mon, 24 Apr 2017 00:00:00 +0530 Tue, 16 Jan 2018 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354022 The Tribunal dismissed the Revenue's appeals on various issues such as staff welfare expenses, publicity expenses, depreciation on intangible assets, assets retired from use, enabling assets written off, and exchange rate differences on loans. However, the Tribunal allowed the Revenue's appeal on the donation to Nandi Foundation issue, while directing further consideration on mine development expenses, undervaluation of closing stock, and reduction in claim under Section 80IA. Additionally, the Tribunal dismissed the assessee's appeal regarding deductions for charitable contributions, emphasizing the lack of a direct nexus with the business. Case-Laws Income Tax Mon, 24 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354022