https://www.taxtmi.com/caselaws?id=409003 The Tribunal partly allowed the appeals for both assessment years. It directed a fresh examination of the treatment of the sum received from Tabcorp and allowed depreciation on sealed assets. The addition of interest income on ICDs was upheld, while the initiation of penalty proceedings was dismissed as premature. en-us Wed, 23 Jun 2021 00:00:00 +0530 Sat, 26 Jun 2021 07:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409003 The Tribunal partly allowed the appeals for both assessment years. It directed a fresh examination of the treatment of the sum received from Tabcorp and allowed depreciation on sealed assets. The addition of interest income on ICDs was upheld, while the initiation of penalty proceedings was dismissed as premature. Case-Laws Income Tax Wed, 23 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409003