https://www.taxtmi.com/caselaws?id=295021 The Tribunal partially allowed the appeal, directing the deletion of disallowance related to speculative losses and depreciation on computers. The disallowance of payments for account maintenance was upheld due to insufficient evidence. The Tribunal instructed the CIT(A) to reassess interest deductions following prior decisions. Interest computation was to be recalculated with TDS credits considered. en-us Tue, 28 Feb 2017 00:00:00 +0530 Tue, 12 Nov 2024 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295021 The Tribunal partially allowed the appeal, directing the deletion of disallowance related to speculative losses and depreciation on computers. The disallowance of payments for account maintenance was upheld due to insufficient evidence. The Tribunal instructed the CIT(A) to reassess interest deductions following prior decisions. Interest computation was to be recalculated with TDS credits considered. Case-Laws Income Tax Tue, 28 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295021