https://www.taxtmi.com/caselaws?id=175657 The Court upheld the ITAT's decision to allow set off of 10A unit losses against business profits, dismissed the issue of write off of loans given to employees as a factual finding, rejected questions on the computation of interest liabilities under Section 234B and 234C, and upheld the ITAT's decision on the amendment to Explanation 1 to section 234B and 234C as clarificatory and not erroneous. en-us Fri, 01 Jul 2011 00:00:00 +0530 Tue, 26 Apr 2016 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175657 The Court upheld the ITAT's decision to allow set off of 10A unit losses against business profits, dismissed the issue of write off of loans given to employees as a factual finding, rejected questions on the computation of interest liabilities under Section 234B and 234C, and upheld the ITAT's decision on the amendment to Explanation 1 to section 234B and 234C as clarificatory and not erroneous. Case-Laws Income Tax Fri, 01 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175657