https://www.taxtmi.com/caselaws?id=303543 The Tribunal ruled in favor of the assessee on various issues, including disallowance under Section 14A due to the absence of exempt income, invalidity of assessment under Section 143(3) read with Section 153A without incriminating material, depreciation on capital work-in-progress, and TDS deduction on Directors' sitting fees under Section 192. The Tribunal also determined pre-operative and inauguration expenses to be revenue in nature. The assessee's appeals were allowed, while the revenue's appeals were allowed for statistical purposes, dismissed, or partly allowed for statistical purposes. en-us Fri, 13 Oct 2017 00:00:00 +0530 Thu, 28 Jul 2022 20:55:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303543 The Tribunal ruled in favor of the assessee on various issues, including disallowance under Section 14A due to the absence of exempt income, invalidity of assessment under Section 143(3) read with Section 153A without incriminating material, depreciation on capital work-in-progress, and TDS deduction on Directors' sitting fees under Section 192. The Tribunal also determined pre-operative and inauguration expenses to be revenue in nature. The assessee's appeals were allowed, while the revenue's appeals were allowed for statistical purposes, dismissed, or partly allowed for statistical purposes. Case-Laws Income Tax Fri, 13 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303543