https://www.taxtmi.com/caselaws?id=299553 The appeal filed by the assessee was partly allowed, with the Tribunal deciding against the AO on various grounds including depreciation on Plant & Machinery, disallowance under Section 32(2AB), interest disallowance under Section 36(1)(iii), addition on Computer Software Purchase, addition on Insurance Claim, additional depreciation under Section 32(1)(iia), and disallowance under Section 40(a)(ia). The Tribunal provided detailed reasoning for each issue, upholding the CIT(A)'s decisions in favor of the assessee based on legal precedents and verification of necessary documents. en-us Thu, 09 Mar 2017 00:00:00 +0530 Mon, 20 Dec 2021 09:24:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299553 The appeal filed by the assessee was partly allowed, with the Tribunal deciding against the AO on various grounds including depreciation on Plant & Machinery, disallowance under Section 32(2AB), interest disallowance under Section 36(1)(iii), addition on Computer Software Purchase, addition on Insurance Claim, additional depreciation under Section 32(1)(iia), and disallowance under Section 40(a)(ia). The Tribunal provided detailed reasoning for each issue, upholding the CIT(A)'s decisions in favor of the assessee based on legal precedents and verification of necessary documents. Case-Laws Income Tax Thu, 09 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299553