https://www.taxtmi.com/caselaws?id=206186 The tribunal upheld the classification of interest income and dividend income as "income from other sources," deemed rental income as business income, disallowed co-sponsorship fees, allowed VRS expenses, deferred decision on sundry creditors, disallowed rates and taxes, directed examination of professional fees, allowed depreciation on plant and machinery, permitted employee costs, and administrative expenses, adjusted brought forward business loss against business income, deleted interest under section 234D, and dismissed revenue's appeal on various expenses. The appeal of the assessee was partly allowed, while the revenue's appeal was dismissed. en-us Wed, 15 Dec 2010 00:00:00 +0530 Mon, 17 Oct 2011 23:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206186 The tribunal upheld the classification of interest income and dividend income as "income from other sources," deemed rental income as business income, disallowed co-sponsorship fees, allowed VRS expenses, deferred decision on sundry creditors, disallowed rates and taxes, directed examination of professional fees, allowed depreciation on plant and machinery, permitted employee costs, and administrative expenses, adjusted brought forward business loss against business income, deleted interest under section 234D, and dismissed revenue's appeal on various expenses. The appeal of the assessee was partly allowed, while the revenue's appeal was dismissed. Case-Laws Income Tax Wed, 15 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206186