https://www.taxtmi.com/caselaws?id=180219 The High Court dismissed the revenue's appeal for the assessment year 1996-97. The court decided not to entertain the questions raised regarding taxation of interest payable by PE in India, deduction of bad debts under Section 36(1)(viia), treatment of claimed amount as deduction or expenditure, and applicability of Section 44C for travelling expenses. The judgment relied on legal principles and precedents, directing the assessing officer to consider the claim of deduction of additional interest payable during the assessment year. en-us Tue, 26 Feb 2013 00:00:00 +0530 Fri, 26 May 2017 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180219 The High Court dismissed the revenue's appeal for the assessment year 1996-97. The court decided not to entertain the questions raised regarding taxation of interest payable by PE in India, deduction of bad debts under Section 36(1)(viia), treatment of claimed amount as deduction or expenditure, and applicability of Section 44C for travelling expenses. The judgment relied on legal principles and precedents, directing the assessing officer to consider the claim of deduction of additional interest payable during the assessment year. Case-Laws Income Tax Tue, 26 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180219