https://www.taxtmi.com/caselaws?id=245083 The Tribunal partly allowed both the Revenue's and the assessee's appeals. The Tribunal upheld the CIT(A)'s decisions on various issues, including deduction for bad debts under Section 36(1)(viia) and reversal of interest on NPAs. However, certain issues were remanded back to the AO for fresh consideration, such as the disallowance under Section 14A for expenditure related to exempt income. The Tribunal ensured consistency with legal principles and judicial precedents in its rulings, providing a balanced outcome for both parties involved. en-us Fri, 14 Mar 2014 00:00:00 +0530 Wed, 19 Mar 2014 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245083 The Tribunal partly allowed both the Revenue's and the assessee's appeals. The Tribunal upheld the CIT(A)'s decisions on various issues, including deduction for bad debts under Section 36(1)(viia) and reversal of interest on NPAs. However, certain issues were remanded back to the AO for fresh consideration, such as the disallowance under Section 14A for expenditure related to exempt income. The Tribunal ensured consistency with legal principles and judicial precedents in its rulings, providing a balanced outcome for both parties involved. Case-Laws Income Tax Fri, 14 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245083