https://www.taxtmi.com/caselaws?id=271072 The Tribunal partially allowed the assessee's appeals, dismissed the revenue's appeals, and granted the cross-objections filed by the assessee. The decisions were grounded in prior Tribunal rulings, High Court decisions, and Supreme Court judgments, maintaining consistency and adherence to legal precedents. Key outcomes included disallowance under Section 14A being rejected due to sufficient own funds, denial of interest disallowance under Section 36(1)(iii) for business advances, and approval of deductions under Section 80IB for the Daman unit and interest income. en-us Fri, 20 Nov 2015 00:00:00 +0530 Fri, 22 Jan 2016 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271072 The Tribunal partially allowed the assessee's appeals, dismissed the revenue's appeals, and granted the cross-objections filed by the assessee. The decisions were grounded in prior Tribunal rulings, High Court decisions, and Supreme Court judgments, maintaining consistency and adherence to legal precedents. Key outcomes included disallowance under Section 14A being rejected due to sufficient own funds, denial of interest disallowance under Section 36(1)(iii) for business advances, and approval of deductions under Section 80IB for the Daman unit and interest income. Case-Laws Income Tax Fri, 20 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271072