https://www.taxtmi.com/caselaws?id=286698 The Tribunal remanded the disallowance under Section 14A and the related enhancement of book profit under Section 115JB back to the Assessing Officer for re-examination. The issue of depreciation on certain assets was also remanded for further review. The Tribunal upheld the CIT(A)'s decisions on the disallowance of guarantee fees and the addition of provision for gratuity to book profit under Section 115JB. Both the assessee's and the Revenue's appeals were partly allowed for statistical purposes. en-us Wed, 22 Jun 2016 00:00:00 +0530 Thu, 12 Mar 2020 07:15:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286698 The Tribunal remanded the disallowance under Section 14A and the related enhancement of book profit under Section 115JB back to the Assessing Officer for re-examination. The issue of depreciation on certain assets was also remanded for further review. The Tribunal upheld the CIT(A)'s decisions on the disallowance of guarantee fees and the addition of provision for gratuity to book profit under Section 115JB. Both the assessee's and the Revenue's appeals were partly allowed for statistical purposes. Case-Laws Income Tax Wed, 22 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286698