https://www.taxtmi.com/caselaws?id=286378 The Tribunal dismissed the revenue's appeals and upheld the CIT(A)'s orders on all contested issues, including the enhancement of income by allocating head office expenses, disallowances under various sections of the Income Tax Act, proportionate disallowance, disallowance under section 14A, depreciation on a project, and deduction under section 80IA. The Tribunal emphasized the need for proper verification and adherence to judicial precedents in determining expense allocation and deduction computation under the Income Tax Act. en-us Thu, 06 Jun 2019 00:00:00 +0530 Wed, 07 Dec 2022 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286378 The Tribunal dismissed the revenue's appeals and upheld the CIT(A)'s orders on all contested issues, including the enhancement of income by allocating head office expenses, disallowances under various sections of the Income Tax Act, proportionate disallowance, disallowance under section 14A, depreciation on a project, and deduction under section 80IA. The Tribunal emphasized the need for proper verification and adherence to judicial precedents in determining expense allocation and deduction computation under the Income Tax Act. Case-Laws Income Tax Thu, 06 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286378