https://www.taxtmi.com/caselaws?id=118118 The Tribunal partly allowed the appeals of both the assessee and the Revenue. It denied the deduction under section 36(1)(viii) for interest on investments and deposits and guarantee fees, classified certain interest income as business income, and allowed the deduction for bad and doubtful debts under section 36(1)(viia)(c). The AO was directed to re-examine expenses related to the business income classification. en-us Fri, 11 Aug 2006 00:00:00 +0530 Thu, 14 Mar 2024 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118118 The Tribunal partly allowed the appeals of both the assessee and the Revenue. It denied the deduction under section 36(1)(viii) for interest on investments and deposits and guarantee fees, classified certain interest income as business income, and allowed the deduction for bad and doubtful debts under section 36(1)(viia)(c). The AO was directed to re-examine expenses related to the business income classification. Case-Laws Income Tax Fri, 11 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118118