https://www.taxtmi.com/caselaws?id=412016 The Tribunal partially allowed the assessee's appeal by directing the deletion of disallowances related to depreciation on goodwill and expenses under Section 14A read with Rule 8D. Additionally, the Tribunal allowed the deduction for education cess. The ground regarding penalty proceedings was dismissed as premature. en-us Mon, 06 Sep 2021 00:00:00 +0530 Tue, 07 Sep 2021 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412016 The Tribunal partially allowed the assessee's appeal by directing the deletion of disallowances related to depreciation on goodwill and expenses under Section 14A read with Rule 8D. Additionally, the Tribunal allowed the deduction for education cess. The ground regarding penalty proceedings was dismissed as premature. Case-Laws Income Tax Mon, 06 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412016