https://www.taxtmi.com/caselaws?id=373434 The appeals by both the Revenue and the assessee were allowed in a case involving the classification of expenditure for setting up a new unit, carry forward of unabsorbed depreciation, and disallowance under Section 14A of the Income Tax Act. The High Court remanded the matters to the Tribunal for fresh decisions, directing a reconsideration of the issues with sufficient opportunity for both parties to present their case and considering all relevant legal precedents. The substantial questions of law on these matters were left open for further review, and no costs were imposed, with connected CMPs closed. en-us Tue, 11 Dec 2018 00:00:00 +0530 Sat, 12 Jan 2019 07:02:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373434 The appeals by both the Revenue and the assessee were allowed in a case involving the classification of expenditure for setting up a new unit, carry forward of unabsorbed depreciation, and disallowance under Section 14A of the Income Tax Act. The High Court remanded the matters to the Tribunal for fresh decisions, directing a reconsideration of the issues with sufficient opportunity for both parties to present their case and considering all relevant legal precedents. The substantial questions of law on these matters were left open for further review, and no costs were imposed, with connected CMPs closed. Case-Laws Income Tax Tue, 11 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373434