https://www.taxtmi.com/caselaws?id=270321 The appeals in ITA Nos. 2538/Del/2010 and 1146/Del/2012 were allowed, while the appeal in ITA No. 3052/Del/2010 was dismissed. The tribunal directed the Assessing Officer to make necessary adjustments regarding the computation of income from property, commencement of business in real estate, classification of land, disallowance of interest and bank charges, disallowance of employee costs, travel and conveyance expenses, and classification of interest income. The tribunal also set aside the disallowance under section 14A and noted that the issue of charging interest under section 234B did not require independent adjudication. en-us Fri, 14 Aug 2015 00:00:00 +0530 Mon, 04 Jan 2016 12:58:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270321 The appeals in ITA Nos. 2538/Del/2010 and 1146/Del/2012 were allowed, while the appeal in ITA No. 3052/Del/2010 was dismissed. The tribunal directed the Assessing Officer to make necessary adjustments regarding the computation of income from property, commencement of business in real estate, classification of land, disallowance of interest and bank charges, disallowance of employee costs, travel and conveyance expenses, and classification of interest income. The tribunal also set aside the disallowance under section 14A and noted that the issue of charging interest under section 234B did not require independent adjudication. Case-Laws Income Tax Fri, 14 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270321