https://www.taxtmi.com/caselaws?id=422020 The Tribunal partly allowed the Revenue's appeals for statistical purposes, maintaining consistency with prior decisions and ensuring proper verification of claims. The disallowance under Section 14A applying Rule 8D was partly allowed, limiting disallowance to administrative expenses not exceeding exempt income. The appeal on depreciation of administrative expenses was dismissed, allowing depreciation on the WDV of certain capitalized expenses. The appeal regarding ESOP compensation expenses was allowed, remitted to the AO for verification of actual expenses incurred. en-us Fri, 29 Apr 2022 00:00:00 +0530 Wed, 04 May 2022 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422020 The Tribunal partly allowed the Revenue's appeals for statistical purposes, maintaining consistency with prior decisions and ensuring proper verification of claims. The disallowance under Section 14A applying Rule 8D was partly allowed, limiting disallowance to administrative expenses not exceeding exempt income. The appeal on depreciation of administrative expenses was dismissed, allowing depreciation on the WDV of certain capitalized expenses. The appeal regarding ESOP compensation expenses was allowed, remitted to the AO for verification of actual expenses incurred. Case-Laws Income Tax Fri, 29 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422020