https://www.taxtmi.com/caselaws?id=397910 The tribunal condoned the 104-day delay in filing the appeal, emphasizing substantial justice over technicalities. It allowed the assessee's appeal regarding disallowance of interest expenses under Section 36(1)(iii), citing a favorable precedent. The tribunal also directed the AO to allow full depreciation on machinery and vehicles, overturning previous disallowances. The appeal was partly allowed. en-us Wed, 19 Aug 2020 00:00:00 +0530 Tue, 05 Nov 2024 12:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397910 The tribunal condoned the 104-day delay in filing the appeal, emphasizing substantial justice over technicalities. It allowed the assessee's appeal regarding disallowance of interest expenses under Section 36(1)(iii), citing a favorable precedent. The tribunal also directed the AO to allow full depreciation on machinery and vehicles, overturning previous disallowances. The appeal was partly allowed. Case-Laws Income Tax Wed, 19 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397910