https://www.taxtmi.com/caselaws?id=282389 The ITAT dismissed the Revenue's appeal and allowed the assessee's appeal, providing relief on all contested issues. Key outcomes include the deletion of additions related to advance against depreciation, disallowance of prior period expenses, repair of capital assets, Section 14A provisions, MAT computation under Section 115JB, deduction under Section 80IA, income tax on perquisites, and wealth tax liability for book profit calculation under Section 115JB. The decisions were consistent with previous judicial rulings favoring the assessee's positions. en-us Wed, 08 May 2019 00:00:00 +0530 Wed, 19 Oct 2022 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282389 The ITAT dismissed the Revenue's appeal and allowed the assessee's appeal, providing relief on all contested issues. Key outcomes include the deletion of additions related to advance against depreciation, disallowance of prior period expenses, repair of capital assets, Section 14A provisions, MAT computation under Section 115JB, deduction under Section 80IA, income tax on perquisites, and wealth tax liability for book profit calculation under Section 115JB. The decisions were consistent with previous judicial rulings favoring the assessee's positions. Case-Laws Income Tax Wed, 08 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282389