https://www.taxtmi.com/caselaws?id=401689 The Tribunal allowed certain issues for statistical purposes, remitting them for re-examination by the Assessing Officer (AO). Notably, the Tribunal directed the deletion of disallowance of interest on disputed government duty, peripheral development expenses, loss on revaluation of non-moving stores, and spares, and addition under Section 40(a)(ia). However, the Tribunal upheld disallowances related to leave encashment provision, additional depreciation claim, electricity duty and water charges, and claims, receivables, debts, and shortages written off. The Tribunal also instructed a re-examination of disallowances under Sections 40(a)(i), 14A, and claim of investment allowance under Section 32AC. en-us Wed, 28 Oct 2020 00:00:00 +0530 Mon, 14 Dec 2020 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401689 The Tribunal allowed certain issues for statistical purposes, remitting them for re-examination by the Assessing Officer (AO). Notably, the Tribunal directed the deletion of disallowance of interest on disputed government duty, peripheral development expenses, loss on revaluation of non-moving stores, and spares, and addition under Section 40(a)(ia). However, the Tribunal upheld disallowances related to leave encashment provision, additional depreciation claim, electricity duty and water charges, and claims, receivables, debts, and shortages written off. The Tribunal also instructed a re-examination of disallowances under Sections 40(a)(i), 14A, and claim of investment allowance under Section 32AC. Case-Laws Income Tax Wed, 28 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401689