https://www.taxtmi.com/caselaws?id=402434 The Tribunal's consolidated order favored the assessee on various grounds, including treating interest and miscellaneous income for deduction u/s 80IA as business income, allowing periodic overlay expenses, and upholding depreciation claims on toll road and EDP equipment. The Tribunal clarified the non-applicability of section 14A disallowances without exempt income and their exclusion from computing book profits u/s 115JB. Precedents from higher courts guided the Tribunal's decisions, ensuring consistency in legal application. en-us Tue, 22 Dec 2020 00:00:00 +0530 Thu, 31 Dec 2020 21:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402434 The Tribunal's consolidated order favored the assessee on various grounds, including treating interest and miscellaneous income for deduction u/s 80IA as business income, allowing periodic overlay expenses, and upholding depreciation claims on toll road and EDP equipment. The Tribunal clarified the non-applicability of section 14A disallowances without exempt income and their exclusion from computing book profits u/s 115JB. Precedents from higher courts guided the Tribunal's decisions, ensuring consistency in legal application. Case-Laws Income Tax Tue, 22 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402434