https://www.taxtmi.com/caselaws?id=278033 The Tribunal remitted the disallowance of interest u/s 36(1)(iii)/14A back to the AO for re-examination, allowed the deferred revenue expenditure, directed the levy of interest u/s 234A, 234B, and 234C, confirmed the allowance of deduction u/s 80IA, scrap sale, and commission received on late payment, upheld the depreciation on old plant & machinery, and set aside the penalty proceedings for reconsideration. The assessee's appeals were allowed for statistical purposes, while the Revenue's appeal was dismissed. en-us Wed, 28 Dec 2011 00:00:00 +0530 Sat, 05 Jan 2019 15:32:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278033 The Tribunal remitted the disallowance of interest u/s 36(1)(iii)/14A back to the AO for re-examination, allowed the deferred revenue expenditure, directed the levy of interest u/s 234A, 234B, and 234C, confirmed the allowance of deduction u/s 80IA, scrap sale, and commission received on late payment, upheld the depreciation on old plant & machinery, and set aside the penalty proceedings for reconsideration. The assessee's appeals were allowed for statistical purposes, while the Revenue's appeal was dismissed. Case-Laws Income Tax Wed, 28 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278033