https://www.taxtmi.com/caselaws?id=117773 The appeal was partly allowed, with disallowances related to broken period interest on securities and non-rural bad debts being reversed in favor of the assessee. However, disallowances of public issue expenses under section 35D and proportionate expenses in respect of dividend income were upheld but referred back for further assessment and compliance with tax provisions. The case involved detailed discussions on legal interpretations and relevant case laws to determine the outcomes of the various issues raised. en-us Thu, 16 Dec 2004 00:00:00 +0530 Tue, 26 Jun 2012 14:45:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117773 The appeal was partly allowed, with disallowances related to broken period interest on securities and non-rural bad debts being reversed in favor of the assessee. However, disallowances of public issue expenses under section 35D and proportionate expenses in respect of dividend income were upheld but referred back for further assessment and compliance with tax provisions. The case involved detailed discussions on legal interpretations and relevant case laws to determine the outcomes of the various issues raised. Case-Laws Income Tax Thu, 16 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117773