https://www.taxtmi.com/caselaws?id=423280 The Revenue's appeal was dismissed for the assessment year (AY) 2012-13, with the assessee's appeal partly allowed. For AY 2013-14 and 2014-15, both the Revenue's appeals and the assessee's cross-objections were partly allowed. The decisions varied across different issues including disallowances under Section 14A, mark to market exchange losses, excess depreciation claims, and additions related to penalties and staff quarters. The Tribunal and CIT(A) rulings were based on specific grounds and interpretations of relevant tax provisions and judicial precedents. en-us Tue, 31 May 2022 00:00:00 +0530 Thu, 02 Jun 2022 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423280 The Revenue's appeal was dismissed for the assessment year (AY) 2012-13, with the assessee's appeal partly allowed. For AY 2013-14 and 2014-15, both the Revenue's appeals and the assessee's cross-objections were partly allowed. The decisions varied across different issues including disallowances under Section 14A, mark to market exchange losses, excess depreciation claims, and additions related to penalties and staff quarters. The Tribunal and CIT(A) rulings were based on specific grounds and interpretations of relevant tax provisions and judicial precedents. Case-Laws Income Tax Tue, 31 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423280