https://www.taxtmi.com/caselaws?id=382148 The High Court considered various issues raised by the appellant, including entitlement to depreciation on leased assets, claim for deduction of payment towards scientific research assistance, reduction of exemption claimed under section 10(15)(iv)(h) and reliance on section 14A, setting aside additional grounds related to write off of bad debts, exclusion of amount recovered, and assessment of income from foreign branches, and deduction of depreciation on matured investments. The Court reviewed the arguments, legal implications, and relevant provisions of the Income Tax Act to determine the correctness of the Tribunal's decisions. Ultimately, the High Court provided a comprehensive assessment of each issue, addressing the appellant's contentions and legal reasoning. en-us Tue, 18 Jun 2019 00:00:00 +0530 Wed, 26 Jun 2019 07:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382148 The High Court considered various issues raised by the appellant, including entitlement to depreciation on leased assets, claim for deduction of payment towards scientific research assistance, reduction of exemption claimed under section 10(15)(iv)(h) and reliance on section 14A, setting aside additional grounds related to write off of bad debts, exclusion of amount recovered, and assessment of income from foreign branches, and deduction of depreciation on matured investments. The Court reviewed the arguments, legal implications, and relevant provisions of the Income Tax Act to determine the correctness of the Tribunal's decisions. Ultimately, the High Court provided a comprehensive assessment of each issue, addressing the appellant's contentions and legal reasoning. Case-Laws Income Tax Tue, 18 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382148