https://www.taxtmi.com/caselaws?id=377377 The Tribunal partly allowed the assessee's appeal for statistical purposes, remitting the issues to the AO for fresh adjudication in accordance with the Tribunal's directions. The Tribunal rejected the deduction under Section 35D that the assessee initially contested. Regarding disallowance under Section 14A impacting book profit under Section 115JB, the CIT(A) restricted the disallowance based on the assessee's calculations, which were accepted. The Tribunal held that adjustments based on disallowances under Section 14A should not be made in the book profit for MAT liability. On the issue of depreciation on leasehold rights at Dahej SEZ, the Tribunal directed the AO to follow its previous directions from the assessment year 2011-12. en-us Tue, 26 Mar 2019 00:00:00 +0530 Wed, 27 Mar 2019 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377377 The Tribunal partly allowed the assessee's appeal for statistical purposes, remitting the issues to the AO for fresh adjudication in accordance with the Tribunal's directions. The Tribunal rejected the deduction under Section 35D that the assessee initially contested. Regarding disallowance under Section 14A impacting book profit under Section 115JB, the CIT(A) restricted the disallowance based on the assessee's calculations, which were accepted. The Tribunal held that adjustments based on disallowances under Section 14A should not be made in the book profit for MAT liability. On the issue of depreciation on leasehold rights at Dahej SEZ, the Tribunal directed the AO to follow its previous directions from the assessment year 2011-12. Case-Laws Income Tax Tue, 26 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377377