https://www.taxtmi.com/caselaws?id=466121 Reopening of assessment was found unjustified where the Assessing Officer relied solely on material already available and considered in original scrutiny; reopening therefore not sustained. Verification of claim for bad debts written off remitted to AO for genuineness and recomputation; remand directed and claim maintained subject to verification. Disallowance of staff welfare fund contribution, denial of double taxation relief by exclusion, denial of leave salary provision, depreciation on goodwill, and UPS depreciation were decided against the taxpayer following coordinate decisions; reliefs on recoveries of prior bad debts, ATM depreciation, MAT additions, prior period expenses, and interest on perpetual bonds were allowed in favour of the taxpayer. en-us Fri, 31 Jan 2025 00:00:00 +0530 Wed, 21 Jan 2026 12:40:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466121 Reopening of assessment was found unjustified where the Assessing Officer relied solely on material already available and considered in original scrutiny; reopening therefore not sustained. Verification of claim for bad debts written off remitted to AO for genuineness and recomputation; remand directed and claim maintained subject to verification. Disallowance of staff welfare fund contribution, denial of double taxation relief by exclusion, denial of leave salary provision, depreciation on goodwill, and UPS depreciation were decided against the taxpayer following coordinate decisions; reliefs on recoveries of prior bad debts, ATM depreciation, MAT additions, prior period expenses, and interest on perpetual bonds were allowed in favour of the taxpayer. Case-Laws Income Tax Fri, 31 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466121