https://www.taxtmi.com/caselaws?id=66203 The Tribunal partly allowed the appeal. It upheld the disallowance of the deduction under Section 33AC for the Shipping Division, finding that the assessee did not meet the necessary conditions. However, it allowed the claim for expenditure towards rent and depreciation based on a previous order's precedent. The issue concerning the calculation of interest under Sections 234B and 234C was not explicitly addressed in the judgment. en-us Fri, 15 Feb 2002 00:00:00 +0530 Tue, 22 Feb 2011 14:55:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66203 The Tribunal partly allowed the appeal. It upheld the disallowance of the deduction under Section 33AC for the Shipping Division, finding that the assessee did not meet the necessary conditions. However, it allowed the claim for expenditure towards rent and depreciation based on a previous order's precedent. The issue concerning the calculation of interest under Sections 234B and 234C was not explicitly addressed in the judgment. Case-Laws Income Tax Fri, 15 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66203