https://www.taxtmi.com/caselaws?id=236338 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision on all issues, including adopting the value of land at Ambattur Industrial Estate for computing capital gains, excluding interest on bank and term loans for disallowance computation, and deletion of disallowance of advances made to subsidiary companies written off. The Tribunal found the Commissioner's reasoning reasonable and in line with previous decisions, ultimately dismissing the Revenue's appeal. en-us Tue, 16 Jul 2013 00:00:00 +0530 Fri, 23 Aug 2013 08:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236338 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision on all issues, including adopting the value of land at Ambattur Industrial Estate for computing capital gains, excluding interest on bank and term loans for disallowance computation, and deletion of disallowance of advances made to subsidiary companies written off. The Tribunal found the Commissioner's reasoning reasonable and in line with previous decisions, ultimately dismissing the Revenue's appeal. Case-Laws Income Tax Tue, 16 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236338