https://www.taxtmi.com/caselaws?id=235356 The Tribunal partly allowed one appeal of the assessee for statistical purposes regarding the validity of assessment under section 153A of the Income Tax Act. The Tribunal rejected the Revenue's appeal concerning the disallowance of interest expenditure against income from business and profession under section 14A of the Act. In various appeals, including those related to the disallowance of interest expenses, the Tribunal ruled in favor of the assessee, citing relevant judgments. All appeals and cross-objections were ultimately dismissed, with the Tribunal emphasizing the significance of the cited judgments in determining the outcomes. en-us Fri, 17 May 2013 00:00:00 +0530 Sat, 02 Apr 2016 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235356 The Tribunal partly allowed one appeal of the assessee for statistical purposes regarding the validity of assessment under section 153A of the Income Tax Act. The Tribunal rejected the Revenue's appeal concerning the disallowance of interest expenditure against income from business and profession under section 14A of the Act. In various appeals, including those related to the disallowance of interest expenses, the Tribunal ruled in favor of the assessee, citing relevant judgments. All appeals and cross-objections were ultimately dismissed, with the Tribunal emphasizing the significance of the cited judgments in determining the outcomes. Case-Laws Income Tax Fri, 17 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235356