https://www.taxtmi.com/caselaws?id=237256 The Tribunal directed the AO to re-examine various tax issues, including the taxation of interest income during the construction period, disallowance of leave encashment, expenses under Section 14A, bad debts, denial of deduction under Section 80IB on TUF subsidy, treatment of TUF subsidy as capital, short deduction of tax under Section 40(a)(ia), and prior period expenses. The Tribunal dismissed the Revenue's appeal and allowed the Assessee's appeal for statistical purposes, emphasizing the need for a fresh assessment based on legal principles and precedents. en-us Tue, 17 Sep 2013 00:00:00 +0530 Thu, 31 Mar 2016 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237256 The Tribunal directed the AO to re-examine various tax issues, including the taxation of interest income during the construction period, disallowance of leave encashment, expenses under Section 14A, bad debts, denial of deduction under Section 80IB on TUF subsidy, treatment of TUF subsidy as capital, short deduction of tax under Section 40(a)(ia), and prior period expenses. The Tribunal dismissed the Revenue's appeal and allowed the Assessee's appeal for statistical purposes, emphasizing the need for a fresh assessment based on legal principles and precedents. Case-Laws Income Tax Tue, 17 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237256