https://www.taxtmi.com/caselaws?id=367678 The High Court upheld the Tribunal's decision allowing depreciation at 40% for machinery not listed in the specified schedule. It remanded the issue of deduction for payments to doctors for further examination to verify if they were for services or patient referrals. The Court also directed a fresh consideration of the disallowance under Section 40A(3) due to lack of proper verification. The appeal was partly allowed, with questions regarding payments to doctors and disallowance under Section 40A(3) left open for reconsideration. en-us Tue, 04 Sep 2018 00:00:00 +0530 Tue, 28 Apr 2026 18:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367678 The High Court upheld the Tribunal's decision allowing depreciation at 40% for machinery not listed in the specified schedule. It remanded the issue of deduction for payments to doctors for further examination to verify if they were for services or patient referrals. The Court also directed a fresh consideration of the disallowance under Section 40A(3) due to lack of proper verification. The appeal was partly allowed, with questions regarding payments to doctors and disallowance under Section 40A(3) left open for reconsideration. Case-Laws Income Tax Tue, 04 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367678