https://www.taxtmi.com/caselaws?id=400016 The Tribunal partially allowed the appeal regarding depreciation, directing the AO to allow depreciation on the opening written down value from previous years. The appeal was fully allowed on damage and wastage expenses, business promotion expenses, and foreign traveling expenses, with the AO instructed to make appropriate adjustments based on the Tribunal's decisions. en-us Thu, 22 Oct 2020 00:00:00 +0530 Sat, 24 Oct 2020 19:30:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400016 The Tribunal partially allowed the appeal regarding depreciation, directing the AO to allow depreciation on the opening written down value from previous years. The appeal was fully allowed on damage and wastage expenses, business promotion expenses, and foreign traveling expenses, with the AO instructed to make appropriate adjustments based on the Tribunal's decisions. Case-Laws Income Tax Thu, 22 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400016