https://www.taxtmi.com/caselaws?id=170015 The appeal by the revenue for the assessment year 1990-91, challenging the disallowance of the premium payable on the redemption of debentures, was decided in favor of the assessee by the Tribunal. The Tribunal's decision to delete the disallowance was upheld based on previous judgments. Additionally, the issue of deduction under Section 80HH without adjusting brought forward business loss was left unanswered due to insufficient factual analysis in the assessment order. The Tribunal's decision on the deduction under Section 80I without considering Section 80HH deduction was also in favor of the assessee, with the Court emphasizing the need for detailed factual information in such matters. en-us Fri, 13 Sep 2013 00:00:00 +0530 Thu, 14 May 2015 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170015 The appeal by the revenue for the assessment year 1990-91, challenging the disallowance of the premium payable on the redemption of debentures, was decided in favor of the assessee by the Tribunal. The Tribunal's decision to delete the disallowance was upheld based on previous judgments. Additionally, the issue of deduction under Section 80HH without adjusting brought forward business loss was left unanswered due to insufficient factual analysis in the assessment order. The Tribunal's decision on the deduction under Section 80I without considering Section 80HH deduction was also in favor of the assessee, with the Court emphasizing the need for detailed factual information in such matters. Case-Laws Income Tax Fri, 13 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170015