https://www.taxtmi.com/caselaws?id=433373 The Tribunal partly allowed the appeals for Assessment Years 2009-10, 2010-11, and 2011-12. Specific directions were given for re-computation and verification of disallowances and claims, in line with legal precedents and statutory provisions. Key outcomes included the re-computation of disallowance under Section 14A based on investments yielding exempt income, allowance of depreciation at a higher rate for computer software, and instructions regarding the treatment of unaccounted receipts and foreign exchange gains related to capital advances. en-us Wed, 14 Dec 2022 00:00:00 +0530 Fri, 27 Jan 2023 18:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433373 The Tribunal partly allowed the appeals for Assessment Years 2009-10, 2010-11, and 2011-12. Specific directions were given for re-computation and verification of disallowances and claims, in line with legal precedents and statutory provisions. Key outcomes included the re-computation of disallowance under Section 14A based on investments yielding exempt income, allowance of depreciation at a higher rate for computer software, and instructions regarding the treatment of unaccounted receipts and foreign exchange gains related to capital advances. Case-Laws Income Tax Wed, 14 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433373