https://www.taxtmi.com/caselaws?id=367508 The Tribunal allowed the higher rate of depreciation on UPS batteries, deleted the disallowance of mark to market losses, and ESOP expenses. The disallowance under section 14A was partly allowed, directing computation at 0.5% against specific investments. The addition based on AIR entries was upheld. The revenue's appeal was dismissed, and the assessee's appeal was partly allowed. The Tribunal's decision was pronounced on 19th September 2018. en-us Wed, 19 Sep 2018 00:00:00 +0530 Fri, 21 Sep 2018 08:26:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367508 The Tribunal allowed the higher rate of depreciation on UPS batteries, deleted the disallowance of mark to market losses, and ESOP expenses. The disallowance under section 14A was partly allowed, directing computation at 0.5% against specific investments. The addition based on AIR entries was upheld. The revenue's appeal was dismissed, and the assessee's appeal was partly allowed. The Tribunal's decision was pronounced on 19th September 2018. Case-Laws Income Tax Wed, 19 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367508