https://www.taxtmi.com/caselaws?id=357476 The Tribunal ruled in favor of the assessee, allowing the appeal and dismissing the Revenue's appeal. The disallowance of amortization of lease rent was deleted, disallowance under section 14A was restricted, deduction under section 80IA was allowed based on power generation rate, disallowance of expenditure for replacement was upheld, disallowance of depreciation on tonners and computers was dismissed, disallowance of additional depreciation on wind generator was rejected, and the claim allowance for captive power generation plant was upheld. The decisions were based on relevant court judgments and assessments. en-us Mon, 19 Mar 2018 00:00:00 +0530 Fri, 23 Mar 2018 07:25:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357476 The Tribunal ruled in favor of the assessee, allowing the appeal and dismissing the Revenue's appeal. The disallowance of amortization of lease rent was deleted, disallowance under section 14A was restricted, deduction under section 80IA was allowed based on power generation rate, disallowance of expenditure for replacement was upheld, disallowance of depreciation on tonners and computers was dismissed, disallowance of additional depreciation on wind generator was rejected, and the claim allowance for captive power generation plant was upheld. The decisions were based on relevant court judgments and assessments. Case-Laws Income Tax Mon, 19 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357476