https://www.taxtmi.com/caselaws?id=258781 The Tribunal partially allowed the appeal by directing the allowance of the disallowed amortization expenditure for HTM securities. The disallowance of provision for Investment Fluctuation Fund was dismissed as not pressed, and the levy of interest under sections 234A, 234B, and 234C was upheld without detailed justification. The Tribunal relied on legal precedents, RBI guidelines, and CBDT instructions to support the appellant's position on the amortization expenditure issue. en-us Mon, 22 Sep 2014 00:00:00 +0530 Mon, 20 Apr 2015 18:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258781 The Tribunal partially allowed the appeal by directing the allowance of the disallowed amortization expenditure for HTM securities. The disallowance of provision for Investment Fluctuation Fund was dismissed as not pressed, and the levy of interest under sections 234A, 234B, and 234C was upheld without detailed justification. The Tribunal relied on legal precedents, RBI guidelines, and CBDT instructions to support the appellant's position on the amortization expenditure issue. Case-Laws Income Tax Mon, 22 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258781