https://www.taxtmi.com/caselaws?id=275443 The appeal filed by the assessee was partly allowed regarding the disallowance under section 14A, with the Tribunal directing the Assessing Officer to restrict the disallowance to Rs. 50,000. The appeal filed by the Revenue concerning the rate of depreciation on moulds was dismissed, upholding the CIT(A)'s decision to allow depreciation at 30%. The Tribunal maintained these decisions on both issues in its order pronounced on 5.12.2016. en-us Mon, 05 Dec 2016 00:00:00 +0530 Thu, 04 Oct 2018 10:11:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275443 The appeal filed by the assessee was partly allowed regarding the disallowance under section 14A, with the Tribunal directing the Assessing Officer to restrict the disallowance to Rs. 50,000. The appeal filed by the Revenue concerning the rate of depreciation on moulds was dismissed, upholding the CIT(A)'s decision to allow depreciation at 30%. The Tribunal maintained these decisions on both issues in its order pronounced on 5.12.2016. Case-Laws Income Tax Mon, 05 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275443