https://www.taxtmi.com/caselaws?id=380954 The Tribunal dismissed the Revenue's appeal challenging disallowance of expenses and depreciation for Kavesar Unit, insurance expenses, and expenditure on application software. It partially allowed the assessee's appeal on disallowance under Section 14A for exempt income and transfer pricing adjustment for notional guarantee fee. The Tribunal upheld the disallowance under Section 145A for differential Cenvat Credit. The decisions were based on consistency with previous rulings and judicial precedents. en-us Wed, 15 May 2019 00:00:00 +0530 Fri, 31 May 2019 18:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380954 The Tribunal dismissed the Revenue's appeal challenging disallowance of expenses and depreciation for Kavesar Unit, insurance expenses, and expenditure on application software. It partially allowed the assessee's appeal on disallowance under Section 14A for exempt income and transfer pricing adjustment for notional guarantee fee. The Tribunal upheld the disallowance under Section 145A for differential Cenvat Credit. The decisions were based on consistency with previous rulings and judicial precedents. Case-Laws Income Tax Wed, 15 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380954