https://www.taxtmi.com/caselaws?id=326266 The Tribunal partly allowed both appeals by affirming the addition of provision for bad and doubtful debts to the book profit under Section 115JB. The issue of interest income classification was remanded to the Assessing Officer for fresh consideration. The grounds related to adjusting interest income against business loss and challenging the levy of interest under Section 234B were dismissed as they were not pursued by the assessee. en-us Mon, 07 Mar 2016 00:00:00 +0530 Mon, 11 Apr 2016 10:04:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326266 The Tribunal partly allowed both appeals by affirming the addition of provision for bad and doubtful debts to the book profit under Section 115JB. The issue of interest income classification was remanded to the Assessing Officer for fresh consideration. The grounds related to adjusting interest income against business loss and challenging the levy of interest under Section 234B were dismissed as they were not pursued by the assessee. Case-Laws Income Tax Mon, 07 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326266