https://www.taxtmi.com/caselaws?id=421848 The Tribunal partially allowed the appeal by directing the deletion of disallowance under Rule 8D(2)(ii) and limiting the disallowance under Rule 8D(2)(iii) to Rs. 1,92,200. The Tribunal upheld the decision denying higher depreciation for a diesel generator, as it did not qualify as a renewable energy device. However, the Tribunal accepted the appellant's argument regarding the provision for leave encashment, ruling that it should not be added back to book profit under Section 115JB. en-us Fri, 29 Apr 2022 00:00:00 +0530 Tue, 03 May 2022 08:23:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421848 The Tribunal partially allowed the appeal by directing the deletion of disallowance under Rule 8D(2)(ii) and limiting the disallowance under Rule 8D(2)(iii) to Rs. 1,92,200. The Tribunal upheld the decision denying higher depreciation for a diesel generator, as it did not qualify as a renewable energy device. However, the Tribunal accepted the appellant's argument regarding the provision for leave encashment, ruling that it should not be added back to book profit under Section 115JB. Case-Laws Income Tax Fri, 29 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421848