S. 32 : Depreciation-Home-Theatre-Used for exhibiting technological developments in field of software to employees and customers-Deletion of disallowance of depreciation is justified.

32 : Depreciation-Home-Theatre-Used for exhibiting technological developments in field of software to employees and customers-Deletion of disallowance of depreciation is justified.

S. 32 : Depreciation-New assets purchased-Disallowance of depreciation is not proper. [S. 44AB]

S. 32 : Depreciation-New assets purchased-Disallowance of depreciation is not proper. [S.44AB]

S. 32 : Depreciation-Computer peripherals-Entitle for higher depreciation. [S. 32(1(ii)

S. 32 : Depreciation-Biometric devices-Computer-Eligible depreciation at a higher rate. [S. 32(1)(ii)]

S. 24 : Income from house property-Deductions-Rental income from property in America Property tax-Deduction allowable. [S. 22]

S. 24 : Income from house property-Deductions-Property tax and interest on loan-Mortgage interest statement-Allowable as deduction-Cash credits-Matter remanded. [S. 23,24(b), 68]

S. 22 : Income from house property-Notional addition of rental income by making an adhoc increase of 10% over and above value assessed in previous year is without any basis-Addition is deleted. [S. 23, 24]

S. 14A : Disallowance of expenditure-Exempt income-Interest expenditure-Balance-Sheet of assessee showing assessee’s own funds available in excess of investments-Interest cannot be disallowed. [R.8D (2)(iii)]