Disallowance under s 14A — Matter remitted to consider issue of disallowance since assessee failed to discharge onus placed upon him in establishing that borrowed funds had indeed been utilised for purpose of their business purposes nor had assessee proved that aforesaid investment had been made in shares out of their own interest-free funds, held by DelTrib in DCIT v Jay Pee Ventures (P) Ltd — In favour of: Others.
Depreciation — Printer, scanner, etc, form integral part of computer system, thus entitled to depreciation at 60%.
Decided on: 7 October 2011.
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