https://www.taxtmi.com/caselaws?id=326315 The Tribunal confirmed the addition of Rs. 21,54,18,149 under Section 36(1)(viia) after adjusting brought forward losses, held that depreciation on HTM investments is allowable, dismissed the disallowance of public issue expenses, treated write-off of investments as capital loss, allowed bad debts claim, deleted disallowance of expenditure on earning exempt income, found Section 115JB inapplicable to banking companies, allowed contribution to Disability Trust, and deleted the addition of realized assets from LCB. The Tribunal's decisions were based on legal interpretations and specific case facts. en-us Wed, 30 Mar 2016 00:00:00 +0530 Mon, 11 Apr 2016 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326315 The Tribunal confirmed the addition of Rs. 21,54,18,149 under Section 36(1)(viia) after adjusting brought forward losses, held that depreciation on HTM investments is allowable, dismissed the disallowance of public issue expenses, treated write-off of investments as capital loss, allowed bad debts claim, deleted disallowance of expenditure on earning exempt income, found Section 115JB inapplicable to banking companies, allowed contribution to Disability Trust, and deleted the addition of realized assets from LCB. The Tribunal's decisions were based on legal interpretations and specific case facts. Case-Laws Income Tax Wed, 30 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326315