https://www.taxtmi.com/caselaws?id=355921 The disallowance of leave encashment provisions under Section 43B(f) for Assessment Years 2010-11 and 2011-12 was upheld but remanded to the AO for further consideration based on a Supreme Court decision. The taxability of entry tax exemptions was treated as revenue receipts and upheld by the Tribunal for both years. Disallowances under Section 14A read with Rule 8D were partially allowed by the CIT(A) and upheld by the Tribunal. The balance portion of additional depreciation was allowed by the CIT(A) and upheld by the Tribunal for both assessment years. Overall, the cases had mixed outcomes, with some disallowances being partially allowed and others dismissed. en-us Wed, 14 Feb 2018 00:00:00 +0530 Wed, 21 Feb 2018 06:29:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355921 The disallowance of leave encashment provisions under Section 43B(f) for Assessment Years 2010-11 and 2011-12 was upheld but remanded to the AO for further consideration based on a Supreme Court decision. The taxability of entry tax exemptions was treated as revenue receipts and upheld by the Tribunal for both years. Disallowances under Section 14A read with Rule 8D were partially allowed by the CIT(A) and upheld by the Tribunal. The balance portion of additional depreciation was allowed by the CIT(A) and upheld by the Tribunal for both assessment years. Overall, the cases had mixed outcomes, with some disallowances being partially allowed and others dismissed. Case-Laws Income Tax Wed, 14 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355921