S. 36(1)(iii) : Interest on borrowed capital-Borrowings were utilized for purpose of construction business-No disallowances can be made.

S. 35D : Amortisation of preliminary expenses–Deduction granted earlier years – Deduction to be allowed for balance period.

S. 32 : Depreciation-Goodwill–Intangible Asset–Amalgamation–Matter remanded to CIT(A)]

S. 32 : Depreciation—Written down value—Valuation report-AO to decide allowable depreciation after considering valuation report submitted for earlier assessment years.

S. 32 : Depreciation–Business and commercial rights-Goodwill–Intangible Asset-Entitle for depreciation.

S. 32 : Depreciation–LED Panel–Rate of depreciation is allowable as applicable to computer. [Information technology Act, 2000, S. 2(1)]

S. 32 : Depreciation-POS TERMINALS are in the nature of computers – Entitle to depreciation at 60%. [S. 2(11), 2(13)]

S. 32 : Depreciation-No turnover during the year-Depreciation cannot be disallowed.

S. 32 : Depreciation-Car purchased in the name of director–Reflected in the balance sheet of the Company–Depreciation is allowable.

S. 32 : Depreciation-Income from house property–Properties continued to form block of assets–Depreciation is not allowable. [S. 2(11)]