https://www.taxtmi.com/caselaws?id=178939 The case involved cross appeals by the assessee and Revenue against the CIT(A)'s order for the assessment year 2004-05. The decision favored the Revenue, dismissing the assessee's appeal regarding the recognition of interest income on non-performing assets based on a Madras High Court judgment. The Revenue's appeal was partly allowed for statistical purposes, with the matter of bad debts lent to a sister concern referred back to the Assessing Officer for determination. Overall, the assessee's appeal was dismissed, and the Revenue's appeal was partly allowed, leading to further assessment. en-us Wed, 28 Sep 2011 00:00:00 +0530 Tue, 16 Feb 2016 17:15:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178939 The case involved cross appeals by the assessee and Revenue against the CIT(A)'s order for the assessment year 2004-05. The decision favored the Revenue, dismissing the assessee's appeal regarding the recognition of interest income on non-performing assets based on a Madras High Court judgment. The Revenue's appeal was partly allowed for statistical purposes, with the matter of bad debts lent to a sister concern referred back to the Assessing Officer for determination. Overall, the assessee's appeal was dismissed, and the Revenue's appeal was partly allowed, leading to further assessment. Case-Laws Income Tax Wed, 28 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178939