https://www.taxtmi.com/caselaws?id=55992 The tribunal partially allowed the appeal, overturning the disallowance of depreciation on plant and machinery, citing precedents supporting trial production as usage. The tribunal upheld the referral of expenditure issues back to the AO due to insufficient reasoning for disallowance. Regarding interest under section 215, the tribunal ruled in favor of the assessee, disagreeing with the CIT(A) and citing judgments to support the decision that the assessee was not liable for interest. en-us Tue, 29 Apr 1997 00:00:00 +0530 Wed, 01 Dec 2010 10:22:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55992 The tribunal partially allowed the appeal, overturning the disallowance of depreciation on plant and machinery, citing precedents supporting trial production as usage. The tribunal upheld the referral of expenditure issues back to the AO due to insufficient reasoning for disallowance. Regarding interest under section 215, the tribunal ruled in favor of the assessee, disagreeing with the CIT(A) and citing judgments to support the decision that the assessee was not liable for interest. Case-Laws Income Tax Tue, 29 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55992