https://www.taxtmi.com/caselaws?id=308411 The Tribunal decided against the assessee on the amortization of lease rental, disallowing it as capital expenditure. However, the assessee succeeded in claiming section 80IA deduction and corporate debt restructuring as revenue expenditure. The addition to book profit for bad debts was upheld against the assessee. The deletion of disallowance for re-membraning cells replacement was allowed based on a previous court decision. The Tribunal ruled in favor of the assessee regarding non-deduction of TDS on medical reimbursement, finding the assessee not in default. The appeals were partly allowed, with the Revenue's appeal allowed for statistical purposes. en-us Thu, 17 Dec 2015 00:00:00 +0530 Fri, 23 Jun 2023 20:57:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308411 The Tribunal decided against the assessee on the amortization of lease rental, disallowing it as capital expenditure. However, the assessee succeeded in claiming section 80IA deduction and corporate debt restructuring as revenue expenditure. The addition to book profit for bad debts was upheld against the assessee. The deletion of disallowance for re-membraning cells replacement was allowed based on a previous court decision. The Tribunal ruled in favor of the assessee regarding non-deduction of TDS on medical reimbursement, finding the assessee not in default. The appeals were partly allowed, with the Revenue's appeal allowed for statistical purposes. Case-Laws Income Tax Thu, 17 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308411