https://www.taxtmi.com/caselaws?id=61569 The Tribunal upheld the CIT(A)'s decision allowing deductions under Section 32AB for interest, rent, and other income, while directing a reconsideration of certain provisions. It agreed with the AO's exclusion of certain incomes from the computation of deduction under Section 80HH. Disallowances under Rule 6B were partially confirmed, with specific items being allowed or disallowed based on applicability. The Tribunal restored the AO's disallowance under Rule 6D. Entertainment expenses disallowance was reduced by the CIT(A) and upheld by the Tribunal. Guest house expenses disallowance under Section 37(3) was confirmed. Both parties' appeals were partly allowed with specific directions. en-us Fri, 24 Jan 2003 00:00:00 +0530 Thu, 13 Jan 2011 13:06:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61569 The Tribunal upheld the CIT(A)'s decision allowing deductions under Section 32AB for interest, rent, and other income, while directing a reconsideration of certain provisions. It agreed with the AO's exclusion of certain incomes from the computation of deduction under Section 80HH. Disallowances under Rule 6B were partially confirmed, with specific items being allowed or disallowed based on applicability. The Tribunal restored the AO's disallowance under Rule 6D. Entertainment expenses disallowance was reduced by the CIT(A) and upheld by the Tribunal. Guest house expenses disallowance under Section 37(3) was confirmed. Both parties' appeals were partly allowed with specific directions. Case-Laws Income Tax Fri, 24 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61569