https://www.taxtmi.com/caselaws?id=396898 The Tribunal partly allowed the assessee's appeal and dismissed the Department's appeal. The Tribunal upheld the CIT(A)'s decisions on most issues, including disallowance of license fee, disallowance under Section 14A, addition of interest under Section 244A, disallowance of depreciation on UPS, addition of subsidy from the Government of Goa, and disallowance of depreciation on energy-saving and pollution control equipment. The Tribunal relied on previous court decisions and directed adjustments in line with legal precedents. en-us Wed, 22 Jul 2020 00:00:00 +0530 Thu, 23 Jul 2020 13:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396898 The Tribunal partly allowed the assessee's appeal and dismissed the Department's appeal. The Tribunal upheld the CIT(A)'s decisions on most issues, including disallowance of license fee, disallowance under Section 14A, addition of interest under Section 244A, disallowance of depreciation on UPS, addition of subsidy from the Government of Goa, and disallowance of depreciation on energy-saving and pollution control equipment. The Tribunal relied on previous court decisions and directed adjustments in line with legal precedents. Case-Laws Income Tax Wed, 22 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396898