https://www.taxtmi.com/caselaws?id=427576 The Court admitted issues regarding the interpretation of Section 153A and reliance on case laws. It found no substantial issue on profits determination under Section 80IA(8) but ruled in favor of the assessee on Sales Tax subsidy. The Court admitted issues on interest and other expenses disallowance under Section 14A, as well as carry forward of additional depreciation. However, it did not admit questions on subsidy receipt treatment, Supreme Court decision applicability, taxability of CER/Carbon Credits receipts, retention money taxability, capital receipt treatment, and Tribunal's conclusion perversity. en-us Wed, 07 Sep 2022 00:00:00 +0530 Mon, 12 Sep 2022 08:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427576 The Court admitted issues regarding the interpretation of Section 153A and reliance on case laws. It found no substantial issue on profits determination under Section 80IA(8) but ruled in favor of the assessee on Sales Tax subsidy. The Court admitted issues on interest and other expenses disallowance under Section 14A, as well as carry forward of additional depreciation. However, it did not admit questions on subsidy receipt treatment, Supreme Court decision applicability, taxability of CER/Carbon Credits receipts, retention money taxability, capital receipt treatment, and Tribunal's conclusion perversity. Case-Laws Income Tax Wed, 07 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427576