https://www.taxtmi.com/caselaws?id=122669 The appeal was allowed in part, with specific directions for re-adjudication by the Assessing Officer on certain points related to the disallowance of proportionate interest and other expenses under Section 14A, treatment of interest income, addition of purchase values of vessels sold under Section 33AC, and disallowance of deduction claimed under Section 33AC of the Income-tax Act, 1961. The ITAT set aside certain decisions and remanded the matter to the Assessing Officer for re-verification and fresh adjudication in accordance with specific directions provided in the case. en-us Mon, 23 Nov 2009 00:00:00 +0530 Tue, 11 Jun 2013 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122669 The appeal was allowed in part, with specific directions for re-adjudication by the Assessing Officer on certain points related to the disallowance of proportionate interest and other expenses under Section 14A, treatment of interest income, addition of purchase values of vessels sold under Section 33AC, and disallowance of deduction claimed under Section 33AC of the Income-tax Act, 1961. The ITAT set aside certain decisions and remanded the matter to the Assessing Officer for re-verification and fresh adjudication in accordance with specific directions provided in the case. Case-Laws Income Tax Mon, 23 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122669