https://www.taxtmi.com/caselaws?id=259604 The Tribunal upheld the CIT (A)'s decisions in favor of the assessee regarding the deletion of disallowance of broken period interest, deduction of unrealized interest on NPA, disallowance of payment to LIC for Group Leave Encashment Scheme, disallowance under section 14A, and disallowance of claim on account of Andhra Bank Rural Development Trust. However, the Tribunal set aside the consideration of provision for bad and doubtful debts as income and remanded the consideration of interest credited by LIC in leave encashment scheme as income to the AO for fresh adjudication. The Revenue's appeal was dismissed, and the assessee's appeal was partly allowed for statistical purposes. en-us Fri, 24 Apr 2015 00:00:00 +0530 Thu, 14 May 2015 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259604 The Tribunal upheld the CIT (A)'s decisions in favor of the assessee regarding the deletion of disallowance of broken period interest, deduction of unrealized interest on NPA, disallowance of payment to LIC for Group Leave Encashment Scheme, disallowance under section 14A, and disallowance of claim on account of Andhra Bank Rural Development Trust. However, the Tribunal set aside the consideration of provision for bad and doubtful debts as income and remanded the consideration of interest credited by LIC in leave encashment scheme as income to the AO for fresh adjudication. The Revenue's appeal was dismissed, and the assessee's appeal was partly allowed for statistical purposes. Case-Laws Income Tax Fri, 24 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259604