https://www.taxtmi.com/caselaws?id=243061 The case involved issues of disallowance under different sections of the tax law, including interest expenditure, rebate of tax, and non-compliance charges. The court directed the matters back to the Assessing Officer for further verification and fresh adjudication. The judgments highlighted the importance of proper allocation of expenses, adherence to legal precedents, and detailed examination of facts in determining tax liabilities and deductions. en-us Wed, 24 Jul 2013 00:00:00 +0530 Sat, 25 Jan 2014 19:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243061 The case involved issues of disallowance under different sections of the tax law, including interest expenditure, rebate of tax, and non-compliance charges. The court directed the matters back to the Assessing Officer for further verification and fresh adjudication. The judgments highlighted the importance of proper allocation of expenses, adherence to legal precedents, and detailed examination of facts in determining tax liabilities and deductions. Case-Laws Income Tax Wed, 24 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243061