https://www.taxtmi.com/caselaws?id=394544 The Tribunal dismissed the revenue's appeals for AYs 2010-11, 2011-12, and 2012-13, affirming the assessee's entitlement to interest expense deductions. It emphasized adherence to prior Tribunal decisions and consistent legal principles. The Tribunal directed the AO to verify and allow TDS credit and upheld the denial of depreciation for discontinued business, allowing future claims upon business recommencement. The appeals were pronounced dismissed on 31st January 2020. en-us Fri, 31 Jan 2020 00:00:00 +0530 Wed, 06 Nov 2024 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394544 The Tribunal dismissed the revenue's appeals for AYs 2010-11, 2011-12, and 2012-13, affirming the assessee's entitlement to interest expense deductions. It emphasized adherence to prior Tribunal decisions and consistent legal principles. The Tribunal directed the AO to verify and allow TDS credit and upheld the denial of depreciation for discontinued business, allowing future claims upon business recommencement. The appeals were pronounced dismissed on 31st January 2020. Case-Laws Income Tax Fri, 31 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394544