https://www.taxtmi.com/caselaws?id=355851 The Tribunal upheld the CIT(A)'s decision to allow adjustment of unabsorbed depreciation while computing book profit under section 115JB. The Tribunal remanded the issue of depreciation rate on computers back to the AO for fresh adjudication. The Tribunal allowed the deduction for contribution to LIC for a gratuity fund. It dismissed the appeal on levy of interest under section 234B. The Tribunal upheld the CIT(A)'s decision on deduction under section 80IA for telecommunication services and various receipts. It directed the AO to delete the disallowance of TDS on domestic roaming charges. Multiple appeals were dismissed or allowed accordingly. en-us Fri, 15 Dec 2017 00:00:00 +0530 Mon, 19 Feb 2018 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355851 The Tribunal upheld the CIT(A)'s decision to allow adjustment of unabsorbed depreciation while computing book profit under section 115JB. The Tribunal remanded the issue of depreciation rate on computers back to the AO for fresh adjudication. The Tribunal allowed the deduction for contribution to LIC for a gratuity fund. It dismissed the appeal on levy of interest under section 234B. The Tribunal upheld the CIT(A)'s decision on deduction under section 80IA for telecommunication services and various receipts. It directed the AO to delete the disallowance of TDS on domestic roaming charges. Multiple appeals were dismissed or allowed accordingly. Case-Laws Income Tax Fri, 15 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355851