https://www.taxtmi.com/caselaws?id=287011 The Tribunal upheld the CIT(A)'s decisions on various issues including the allowance of ESOP expenses as business expenditure, deletion of addition of unearned income, disallowance under Sections 40(a)(ia) and 40(a)(i) for networking costs and various expenses, absence of disallowance under Section 14A due to no exempt income, and set off of brought forward unabsorbed depreciation. The Tribunal emphasized consistency with previous rulings and legal principles, dismissing the Revenue's appeals for all assessment years involved. en-us Tue, 18 Dec 2018 00:00:00 +0530 Wed, 25 Mar 2020 10:28:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287011 The Tribunal upheld the CIT(A)'s decisions on various issues including the allowance of ESOP expenses as business expenditure, deletion of addition of unearned income, disallowance under Sections 40(a)(ia) and 40(a)(i) for networking costs and various expenses, absence of disallowance under Section 14A due to no exempt income, and set off of brought forward unabsorbed depreciation. The Tribunal emphasized consistency with previous rulings and legal principles, dismissing the Revenue's appeals for all assessment years involved. Case-Laws Income Tax Tue, 18 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287011