https://www.taxtmi.com/caselaws?id=384546 The Court upheld the Tribunal's decision, allowing 10% depreciation on residential flats used for employees and deduction under Section 80HHC based on book profits. The judgment emphasized interpreting tax laws in line with circulars and legal precedents, ensuring fair treatment for taxpayers based on established principles. en-us Wed, 17 Jul 2019 00:00:00 +0530 Tue, 09 Aug 2022 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384546 The Court upheld the Tribunal's decision, allowing 10% depreciation on residential flats used for employees and deduction under Section 80HHC based on book profits. The judgment emphasized interpreting tax laws in line with circulars and legal precedents, ensuring fair treatment for taxpayers based on established principles. Case-Laws Income Tax Wed, 17 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384546