https://www.taxtmi.com/caselaws?id=399554 The ITAT upheld the assessee's claim for depreciation on leased assets, restricted disallowances under Section 14A to reasonable amounts, disallowed interest on bonds under Section 43B, added back provisions for bad debts under Section 115JB, excluded Section 14A disallowances from book profits under Section 115JB, deleted interest under Section 234C, and calculated interest on refunds from the revised return date. The decisions were consistent with legal precedents and statutory amendments, providing clarity on various income tax issues. en-us Mon, 31 Aug 2020 00:00:00 +0530 Wed, 14 Oct 2020 10:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399554 The ITAT upheld the assessee's claim for depreciation on leased assets, restricted disallowances under Section 14A to reasonable amounts, disallowed interest on bonds under Section 43B, added back provisions for bad debts under Section 115JB, excluded Section 14A disallowances from book profits under Section 115JB, deleted interest under Section 234C, and calculated interest on refunds from the revised return date. The decisions were consistent with legal precedents and statutory amendments, providing clarity on various income tax issues. Case-Laws Income Tax Mon, 31 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399554