https://www.taxtmi.com/caselaws?id=308803 The Tribunal directed a fresh examination by the AO on several issues, including disallowances under Sections 80IC and 14A, additional depreciation, and depreciation rate on UPS. It upheld the CIT(A)'s decisions on weighted deductions under Section 35(2AB), leave salary under Section 43B, logistics payments under Section 40(a)(i), and losses from forward contract cancellations. The Tribunal partially allowed the assessee's appeals and dismissed or partially allowed the Revenue's appeals, mandating compliance with legal standards and prior Tribunal decisions. en-us Thu, 21 Nov 2019 00:00:00 +0530 Thu, 19 Dec 2024 13:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308803 The Tribunal directed a fresh examination by the AO on several issues, including disallowances under Sections 80IC and 14A, additional depreciation, and depreciation rate on UPS. It upheld the CIT(A)'s decisions on weighted deductions under Section 35(2AB), leave salary under Section 43B, logistics payments under Section 40(a)(i), and losses from forward contract cancellations. The Tribunal partially allowed the assessee's appeals and dismissed or partially allowed the Revenue's appeals, mandating compliance with legal standards and prior Tribunal decisions. Case-Laws Income Tax Thu, 21 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308803