https://www.taxtmi.com/caselaws?id=394906 The Tribunal ruled in favor of the assessee on various issues including the exclusion of income from the sale of scrap from total turnover for deduction under section 80HHC, eligibility of certain incomes for deduction, disallowance under section 14A related to dividend income, depreciation on share issue expenses, disallowance of bad debts, computation of depreciation after reducing WDV of assets, and inclusion of advance license benefit in profits for section 80HHC deduction. The Tribunal also allowed the deduction under section 80IB for New Iodex Plant, interest liability on Drug Price Equalization Account, and dismissed the appeal under section 154 of the Act. en-us Fri, 21 Feb 2020 00:00:00 +0530 Wed, 29 Apr 2020 09:09:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394906 The Tribunal ruled in favor of the assessee on various issues including the exclusion of income from the sale of scrap from total turnover for deduction under section 80HHC, eligibility of certain incomes for deduction, disallowance under section 14A related to dividend income, depreciation on share issue expenses, disallowance of bad debts, computation of depreciation after reducing WDV of assets, and inclusion of advance license benefit in profits for section 80HHC deduction. The Tribunal also allowed the deduction under section 80IB for New Iodex Plant, interest liability on Drug Price Equalization Account, and dismissed the appeal under section 154 of the Act. Case-Laws Income Tax Fri, 21 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394906