https://www.taxtmi.com/caselaws?id=457046 The HC dismissed the Tax Appeal, affirming the Tribunal's decisions. The Tribunal remanded the re-computation of interest to the AO. It upheld the allowance of expenditure under Section 35D and the deletion of disallowance on depreciation for certain assets, emphasizing consistency. The Tribunal also allowed depreciation on leased assets, directing the AO to comply, based on established practices. en-us Tue, 12 Mar 2013 00:00:00 +0530 Tue, 03 Sep 2024 15:47:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457046 The HC dismissed the Tax Appeal, affirming the Tribunal's decisions. The Tribunal remanded the re-computation of interest to the AO. It upheld the allowance of expenditure under Section 35D and the deletion of disallowance on depreciation for certain assets, emphasizing consistency. The Tribunal also allowed depreciation on leased assets, directing the AO to comply, based on established practices. Case-Laws Income Tax Tue, 12 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457046