https://www.taxtmi.com/caselaws?id=151456 The Tribunal partly allowed the assessee's appeal, permitting the deduction of the refunded amount to the Customs Department as a business expense, partially disallowing business promotion expenses, and remanding issues regarding interest income classification and DEPB receipts for fresh examination. The Tribunal upheld the adjustment of brought forward losses before computing deductions under sections 80HHC and rejected the challenge to interest charges under sections 234B and 234D for the relevant assessment years. en-us Fri, 08 Jan 2010 00:00:00 +0530 Thu, 06 Jun 2013 11:41:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151456 The Tribunal partly allowed the assessee's appeal, permitting the deduction of the refunded amount to the Customs Department as a business expense, partially disallowing business promotion expenses, and remanding issues regarding interest income classification and DEPB receipts for fresh examination. The Tribunal upheld the adjustment of brought forward losses before computing deductions under sections 80HHC and rejected the challenge to interest charges under sections 234B and 234D for the relevant assessment years. Case-Laws Income Tax Fri, 08 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151456