https://www.taxtmi.com/caselaws?id=292843 The Tribunal upheld the disallowance of additional depreciation under Section 32(1)(iia) and confirmed the reasonable estimation of disallowable expenditure under Section 14A. However, it remitted the issues concerning the treatment of sales tax liability as income under Section 41(1) and the disallowance of loss on account of exchange fluctuation back to the AO for further examination. en-us Fri, 14 Mar 2014 00:00:00 +0530 Wed, 13 Nov 2024 11:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292843 The Tribunal upheld the disallowance of additional depreciation under Section 32(1)(iia) and confirmed the reasonable estimation of disallowable expenditure under Section 14A. However, it remitted the issues concerning the treatment of sales tax liability as income under Section 41(1) and the disallowance of loss on account of exchange fluctuation back to the AO for further examination. Case-Laws Income Tax Fri, 14 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292843