https://www.taxtmi.com/caselaws?id=448630 ITAT Bangalore ruled on multiple tax issues. For TDS matters, short deduction under wrong provisions (194J instead of 194C) cannot trigger disallowance under section 40(a)(ia), following Future First Info Services precedent. However, non-deducted or non-remitted TDS requires examination under second proviso conditions. Section 43B disallowance was upheld for unpaid government dues regardless of P&L treatment, citing Chowringhee Sales Bureau. Dismantling expenses were allowed as revenue expenditure being maintenance-related. Grant deduction from gross block was confirmed per section 43(1). Depreciation on unused assets was denied as assets must be used for business purposes. en-us Fri, 01 Dec 2023 00:00:00 +0530 Wed, 24 Jan 2024 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448630 ITAT Bangalore ruled on multiple tax issues. For TDS matters, short deduction under wrong provisions (194J instead of 194C) cannot trigger disallowance under section 40(a)(ia), following Future First Info Services precedent. However, non-deducted or non-remitted TDS requires examination under second proviso conditions. Section 43B disallowance was upheld for unpaid government dues regardless of P&L treatment, citing Chowringhee Sales Bureau. Dismantling expenses were allowed as revenue expenditure being maintenance-related. Grant deduction from gross block was confirmed per section 43(1). Depreciation on unused assets was denied as assets must be used for business purposes. Case-Laws Income Tax Fri, 01 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448630