https://www.taxtmi.com/caselaws?id=423235 The Tribunal allowed the appeal in part, directing the assessee to submit expense details regarding disallowance under section 37. The issue of depreciation on revenue expenditure was dismissed due to pending finality of earlier disallowance. The disallowance of deduction under section 80IB was also dismissed, as the scrap sale was found to be generated during manufacturing. The Tribunal upheld the CIT(A)'s decision on these matters, resulting in the partial allowance of the Assessing Officer's appeal. en-us Tue, 31 May 2022 00:00:00 +0530 Thu, 02 Jun 2022 08:42:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423235 The Tribunal allowed the appeal in part, directing the assessee to submit expense details regarding disallowance under section 37. The issue of depreciation on revenue expenditure was dismissed due to pending finality of earlier disallowance. The disallowance of deduction under section 80IB was also dismissed, as the scrap sale was found to be generated during manufacturing. The Tribunal upheld the CIT(A)'s decision on these matters, resulting in the partial allowance of the Assessing Officer's appeal. Case-Laws Income Tax Tue, 31 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423235