https://www.taxtmi.com/caselaws?id=216743 The appeals for assessment years 2003-04, 2004-05, and 2005-06 were dismissed as the disallowance of interest and finance charges was not justified. However, the appeals for assessment years 2006-07, 2007-08, and 2008-09 were allowed for statistical purposes, requiring the Assessing Officer to reconsider the disallowances afresh in accordance with the law, particularly applying Rule 8D for the assessment year 2008-09. en-us Tue, 07 Aug 2012 00:00:00 +0530 Fri, 09 Sep 2016 16:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216743 The appeals for assessment years 2003-04, 2004-05, and 2005-06 were dismissed as the disallowance of interest and finance charges was not justified. However, the appeals for assessment years 2006-07, 2007-08, and 2008-09 were allowed for statistical purposes, requiring the Assessing Officer to reconsider the disallowances afresh in accordance with the law, particularly applying Rule 8D for the assessment year 2008-09. Case-Laws Income Tax Tue, 07 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216743