https://www.taxtmi.com/caselaws?id=200669 The Tribunal partly allowed the assessee's appeals and dismissed the AO's appeals. Detailed instructions were provided on each issue, emphasizing compliance with legal precedents and proper verification of claims. The disallowance of bad debts and interest under Section 14A was overturned in favor of the assessee. The disallowance under Section 14A read with Rule 8D(2)(iii) was partially allowed, directing a restriction on disallowance. The issue of depreciation on lease assets was deemed consequential, and reconciliation of AIR data discrepancies was instructed. The non-grant of TDS credit issue was directed for verification and necessary action. en-us Tue, 18 Apr 2017 00:00:00 +0530 Thu, 12 Apr 2018 10:05:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200669 The Tribunal partly allowed the assessee's appeals and dismissed the AO's appeals. Detailed instructions were provided on each issue, emphasizing compliance with legal precedents and proper verification of claims. The disallowance of bad debts and interest under Section 14A was overturned in favor of the assessee. The disallowance under Section 14A read with Rule 8D(2)(iii) was partially allowed, directing a restriction on disallowance. The issue of depreciation on lease assets was deemed consequential, and reconciliation of AIR data discrepancies was instructed. The non-grant of TDS credit issue was directed for verification and necessary action. Case-Laws Income Tax Tue, 18 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200669