https://www.taxtmi.com/caselaws?id=177576 The appeal for the assessment years 2005-06 and 2008-09 was partly allowed, with disallowances being deleted or reduced. For the assessment year 2007-08, disallowances related to interest payments were deleted, resulting in the appeal being allowed. The disallowance of interest payment was deleted for the assessment year 2008-09, while the disallowance of general and administrative expenses was upheld. The addition in the computation of income under sec.115JB was also deleted. en-us Mon, 04 Feb 2013 00:00:00 +0530 Mon, 05 Jun 2017 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177576 The appeal for the assessment years 2005-06 and 2008-09 was partly allowed, with disallowances being deleted or reduced. For the assessment year 2007-08, disallowances related to interest payments were deleted, resulting in the appeal being allowed. The disallowance of interest payment was deleted for the assessment year 2008-09, while the disallowance of general and administrative expenses was upheld. The addition in the computation of income under sec.115JB was also deleted. Case-Laws Income Tax Mon, 04 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177576