https://www.taxtmi.com/caselaws?id=59494 The Tribunal dismissed the Department's appeal, allowing the expenses incurred at the Aurangabad unit as necessary for business purposes until its closure. Additionally, the Tribunal permitted the ex gratia payment to workers and upheld the disallowance of depreciation on assets not in use. The exclusion of interest income and sales-tax refund from profits under section 80-IB was also affirmed. The assessee's appeal was partly allowed in this case. en-us Wed, 14 Mar 2007 00:00:00 +0530 Thu, 30 Dec 2010 11:12:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59494 The Tribunal dismissed the Department's appeal, allowing the expenses incurred at the Aurangabad unit as necessary for business purposes until its closure. Additionally, the Tribunal permitted the ex gratia payment to workers and upheld the disallowance of depreciation on assets not in use. The exclusion of interest income and sales-tax refund from profits under section 80-IB was also affirmed. The assessee's appeal was partly allowed in this case. Case-Laws Income Tax Wed, 14 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59494