https://www.taxtmi.com/caselaws?id=357609 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decisions on all issues. The warehouse rent was rightly treated as business income, the commission payments to related parties were justified, and the higher depreciation rate on electrical installations was appropriate. The judgment emphasized the importance of the true nature of activities, consistency in tax treatment, and the necessity of substantiating claims with evidence. en-us Fri, 23 Mar 2018 00:00:00 +0530 Mon, 26 Mar 2018 08:38:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357609 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decisions on all issues. The warehouse rent was rightly treated as business income, the commission payments to related parties were justified, and the higher depreciation rate on electrical installations was appropriate. The judgment emphasized the importance of the true nature of activities, consistency in tax treatment, and the necessity of substantiating claims with evidence. Case-Laws Income Tax Fri, 23 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357609