https://www.taxtmi.com/caselaws?id=435079 The Tribunal partially allowed the appeal, upholding the revision under section 263 for issues related to excess depreciation and other financial matters. However, the Tribunal dismissed the revision concerning disallowance under section 14A due to the absence of exempt income. The order was pronounced on 22nd February 2023, reflecting a balanced decision in favor of the Revenue's interests while ensuring fairness and adherence to legal provisions. en-us Wed, 22 Feb 2023 00:00:00 +0530 Sat, 11 Mar 2023 08:48:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435079 The Tribunal partially allowed the appeal, upholding the revision under section 263 for issues related to excess depreciation and other financial matters. However, the Tribunal dismissed the revision concerning disallowance under section 14A due to the absence of exempt income. The order was pronounced on 22nd February 2023, reflecting a balanced decision in favor of the Revenue's interests while ensuring fairness and adherence to legal provisions. Case-Laws Income Tax Wed, 22 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435079