https://www.taxtmi.com/caselaws?id=354164 The High Court considered various tax-related issues in the case, including leave encashment provision under Section 43B(f), treatment of debenture restructuring expenditure, depreciation on 'goodwill', allocation of Head Office expenses under Section 10B, and disallowance under Section 14A. The Court found in favor of the Respondent-Assessee on the debenture restructuring and goodwill depreciation issues based on previous decisions. The Court did not entertain these issues as they did not raise substantial questions of law. The Court admitted the issue of disallowance under Section 14A for consideration along with other substantial questions of law and directed further proceedings. en-us Tue, 09 Jan 2018 00:00:00 +0530 Fri, 19 Jan 2018 08:18:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354164 The High Court considered various tax-related issues in the case, including leave encashment provision under Section 43B(f), treatment of debenture restructuring expenditure, depreciation on 'goodwill', allocation of Head Office expenses under Section 10B, and disallowance under Section 14A. The Court found in favor of the Respondent-Assessee on the debenture restructuring and goodwill depreciation issues based on previous decisions. The Court did not entertain these issues as they did not raise substantial questions of law. The Court admitted the issue of disallowance under Section 14A for consideration along with other substantial questions of law and directed further proceedings. Case-Laws Income Tax Tue, 09 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354164