https://www.taxtmi.com/caselaws?id=181982 The case involved issues regarding depreciation, exclusion of interest written back, deduction for capital advances written off, and determination of assessed income lower than the returned income. The Tribunal directed the Assessing Officer to exclude the interest amount, re-examine the deduction claim for capital advances, and determine the total income according to the provisions of the Act. The appeal was partly allowed with instructions for reassessment. en-us Mon, 17 May 2010 00:00:00 +0530 Sat, 30 Apr 2016 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181982 The case involved issues regarding depreciation, exclusion of interest written back, deduction for capital advances written off, and determination of assessed income lower than the returned income. The Tribunal directed the Assessing Officer to exclude the interest amount, re-examine the deduction claim for capital advances, and determine the total income according to the provisions of the Act. The appeal was partly allowed with instructions for reassessment. Case-Laws Income Tax Mon, 17 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181982