https://www.taxtmi.com/caselaws?id=310723 In ITA No. 20/Hyd/2012, the Tribunal upheld the reopening of the assessment for AY 2005-06, confirming the disallowance of additional depreciation on machinery used for pasteurisation and standardisation of milk, as these processes do not qualify as manufacturing. The levy of interest under sections 234B and 234C was deemed mandatory. For ITA No. 1828/Hyd/2011, concerning foreign travel expenditure for AY 2008-09, the Tribunal remitted the issue back to the Assessing Officer for further examination. The appeal was dismissed in part and partly allowed for statistical purposes, with the decision announced on 5th October 2012. en-us Fri, 05 Oct 2012 00:00:00 +0530 Thu, 09 Nov 2023 14:47:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310723 In ITA No. 20/Hyd/2012, the Tribunal upheld the reopening of the assessment for AY 2005-06, confirming the disallowance of additional depreciation on machinery used for pasteurisation and standardisation of milk, as these processes do not qualify as manufacturing. The levy of interest under sections 234B and 234C was deemed mandatory. For ITA No. 1828/Hyd/2011, concerning foreign travel expenditure for AY 2008-09, the Tribunal remitted the issue back to the Assessing Officer for further examination. The appeal was dismissed in part and partly allowed for statistical purposes, with the decision announced on 5th October 2012. Case-Laws Income Tax Fri, 05 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310723