https://www.taxtmi.com/caselaws?id=419744 The High Court of Madras ruled in favor of the assessee on the issues of depreciation on leased vehicles, relief on broken period interest, and depreciation in the value of securities. However, the Court decided in favor of the Revenue on the matter of interest under section 234D. The Court remanded the case to the assessing officer for further action on the sixth issue. en-us Tue, 22 Feb 2022 00:00:00 +0530 Sat, 19 Mar 2022 07:37:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419744 The High Court of Madras ruled in favor of the assessee on the issues of depreciation on leased vehicles, relief on broken period interest, and depreciation in the value of securities. However, the Court decided in favor of the Revenue on the matter of interest under section 234D. The Court remanded the case to the assessing officer for further action on the sixth issue. Case-Laws Income Tax Tue, 22 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419744