https://www.taxtmi.com/caselaws?id=276579 The Tribunal upheld the deletion of disallowances under section 14A of the Income Tax Act, 1961, as no exempt income was earned during the year. The claim of depreciation on the canteen building was found to be correct, supported by evidence of the building's use. Additionally, the excess claim of depreciation on electrical fittings/installation was allowed as integral parts of plant and machinery. The Revenue's appeal was dismissed, with the Tribunal affirming the lower authorities' decisions. en-us Fri, 16 Mar 2018 00:00:00 +0530 Wed, 14 Nov 2018 07:11:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276579 The Tribunal upheld the deletion of disallowances under section 14A of the Income Tax Act, 1961, as no exempt income was earned during the year. The claim of depreciation on the canteen building was found to be correct, supported by evidence of the building's use. Additionally, the excess claim of depreciation on electrical fittings/installation was allowed as integral parts of plant and machinery. The Revenue's appeal was dismissed, with the Tribunal affirming the lower authorities' decisions. Case-Laws Income Tax Fri, 16 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276579