https://www.taxtmi.com/caselaws?id=273134 The Tribunal dismissed the Revenue's appeals and the assessee's cross-objections regarding the late deposition of PF/ESI contributions and the disallowance of 80% depreciation on the Wind Turbine Generator Machine. Additionally, the Tribunal upheld the treatment of 'forward cancellation charges' as not speculative and confirmed the disallowance of expenses under section 14A of the Act. The decisions were based on established legal positions and precedents, maintaining consistency with earlier rulings in favor of the assessee. en-us Sun, 26 Jan 2014 00:00:00 +0530 Fri, 08 Jun 2018 10:05:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273134 The Tribunal dismissed the Revenue's appeals and the assessee's cross-objections regarding the late deposition of PF/ESI contributions and the disallowance of 80% depreciation on the Wind Turbine Generator Machine. Additionally, the Tribunal upheld the treatment of 'forward cancellation charges' as not speculative and confirmed the disallowance of expenses under section 14A of the Act. The decisions were based on established legal positions and precedents, maintaining consistency with earlier rulings in favor of the assessee. Case-Laws Income Tax Sun, 26 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273134