https://www.taxtmi.com/caselaws?id=402130 The Tribunal partially allowed both the assessee's and the Revenue's appeals. It directed the Assessing Officer to adopt the disallowance workings of Rs. 99,600 for both Section 14A and Section 115JB computations. Additionally, the Tribunal upheld the assessee's claim for depreciation on the revised Written Down Value (WDV) of assets acquired from the holding company, citing favorable precedents from earlier cases. en-us Fri, 18 Dec 2020 00:00:00 +0530 Wed, 23 Dec 2020 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402130 The Tribunal partially allowed both the assessee's and the Revenue's appeals. It directed the Assessing Officer to adopt the disallowance workings of Rs. 99,600 for both Section 14A and Section 115JB computations. Additionally, the Tribunal upheld the assessee's claim for depreciation on the revised Written Down Value (WDV) of assets acquired from the holding company, citing favorable precedents from earlier cases. Case-Laws Income Tax Fri, 18 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402130