https://www.taxtmi.com/caselaws?id=208690 The appeals filed by both the assessee and the revenue were allowed for statistical purposes in a case involving deductions under section 80HHC. Various issues, including the set-off of interest income against interest expenditure, reduction of certain charges from profits, and treatment of independent incomes, were remanded back to the Assessing Officer for fresh adjudication in accordance with relevant judicial decisions. An addition related to alleged bogus purchases was also contested, with the Tribunal directing the assessee to provide evidence to prove the genuineness of the purchases. en-us Thu, 21 Jan 2010 00:00:00 +0530 Wed, 25 Jan 2012 07:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208690 The appeals filed by both the assessee and the revenue were allowed for statistical purposes in a case involving deductions under section 80HHC. Various issues, including the set-off of interest income against interest expenditure, reduction of certain charges from profits, and treatment of independent incomes, were remanded back to the Assessing Officer for fresh adjudication in accordance with relevant judicial decisions. An addition related to alleged bogus purchases was also contested, with the Tribunal directing the assessee to provide evidence to prove the genuineness of the purchases. Case-Laws Income Tax Thu, 21 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208690