https://www.taxtmi.com/caselaws?id=463929 ITAT MUMBAI (AT) allowed multiple grounds for the assessee and against the Revenue: interest on income-tax refund not taxable; deletion of depreciation disallowance for assets in a block; administrative expenses of a retirement benefit trust allowed; deduction under s.80IA on employee housing rent allowed; s.43B disallowance for contributions to local organisations deleted; rural development expenditures allowed; advertisement film costs and SAP ERP expenses allowed as revenue; ESOP costs allowed; delayed provident fund/labour welfare contribution disallowance under s.36(1)(va) upheld; carbon-credit receipts held capital in nature; foreign dividend taxable in India; transfer-related expenses treated as timing-neutral for capital gains; head-office 80IA deduction confirmed; TUF subsidy held capital. en-us Fri, 23 May 2025 00:00:00 +0530 Mon, 22 Sep 2025 21:28:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463929 ITAT MUMBAI (AT) allowed multiple grounds for the assessee and against the Revenue: interest on income-tax refund not taxable; deletion of depreciation disallowance for assets in a block; administrative expenses of a retirement benefit trust allowed; deduction under s.80IA on employee housing rent allowed; s.43B disallowance for contributions to local organisations deleted; rural development expenditures allowed; advertisement film costs and SAP ERP expenses allowed as revenue; ESOP costs allowed; delayed provident fund/labour welfare contribution disallowance under s.36(1)(va) upheld; carbon-credit receipts held capital in nature; foreign dividend taxable in India; transfer-related expenses treated as timing-neutral for capital gains; head-office 80IA deduction confirmed; TUF subsidy held capital. Case-Laws Income Tax Fri, 23 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463929