https://www.taxtmi.com/caselaws?id=418144 The Tribunal partially allowed the appeal, remanding the case to the Assessing Officer for reconsideration of the disallowance under Section 14A, excluding non-yielding investments, and directing the allowance of deductions for education cess and secondary and higher education cess. Additionally, the Tribunal upheld the claim for additional depreciation based on judicial precedents, allowing 50% of the additional depreciation in the subsequent year. en-us Tue, 08 Feb 2022 00:00:00 +0530 Wed, 09 Feb 2022 05:45:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418144 The Tribunal partially allowed the appeal, remanding the case to the Assessing Officer for reconsideration of the disallowance under Section 14A, excluding non-yielding investments, and directing the allowance of deductions for education cess and secondary and higher education cess. Additionally, the Tribunal upheld the claim for additional depreciation based on judicial precedents, allowing 50% of the additional depreciation in the subsequent year. Case-Laws Income Tax Tue, 08 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418144