https://www.taxtmi.com/caselaws?id=415999 The Tribunal dismissed the Assessee's appeals for A.Y. 2010-11 and 2011-12, upholding the A.O.'s reallocation of depreciation between the Manesar and Delhi units under section 10B of the I.T. Act, 1961. The denial of deduction due to increased profits from disallowed expenses under section 40(a)(ia) was also sustained. The Tribunal based its decision on consistency with prior rulings and the lack of contrary evidence. en-us Thu, 16 Dec 2021 00:00:00 +0530 Wed, 18 Dec 2024 16:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415999 The Tribunal dismissed the Assessee's appeals for A.Y. 2010-11 and 2011-12, upholding the A.O.'s reallocation of depreciation between the Manesar and Delhi units under section 10B of the I.T. Act, 1961. The denial of deduction due to increased profits from disallowed expenses under section 40(a)(ia) was also sustained. The Tribunal based its decision on consistency with prior rulings and the lack of contrary evidence. Case-Laws Income Tax Thu, 16 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415999