https://www.taxtmi.com/caselaws?id=119416 The Tribunal upheld the decision that rough diamonds do not qualify for deduction under section 80HHC. It also confirmed that depreciation on immovable properties must be deducted regardless of the claim. However, the treatment of interest income was remanded to the Assessing Officer for further review, resulting in the partial allowance of the appeals. en-us Wed, 30 May 2007 00:00:00 +0530 Tue, 10 Jul 2012 18:50:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119416 The Tribunal upheld the decision that rough diamonds do not qualify for deduction under section 80HHC. It also confirmed that depreciation on immovable properties must be deducted regardless of the claim. However, the treatment of interest income was remanded to the Assessing Officer for further review, resulting in the partial allowance of the appeals. Case-Laws Income Tax Wed, 30 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119416