https://www.taxtmi.com/caselaws?id=183964 The Tribunal allowed the appeals of the assessee on the issues of Lease Equalization and bond issue expenses, following established judicial precedents. The ground related to interest on funds raised through FRN 2003 was rejected as it was not pressed. The Tribunal also ruled in favor of the assessee on the issue of additions to book profit under section 115JA for provisions for bad and doubtful debts and diminution in value of investment. The appeals were partly allowed for assessment year 1997-98 and fully allowed for the remaining years. en-us Fri, 08 Aug 2008 00:00:00 +0530 Mon, 27 Jun 2016 13:05:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183964 The Tribunal allowed the appeals of the assessee on the issues of Lease Equalization and bond issue expenses, following established judicial precedents. The ground related to interest on funds raised through FRN 2003 was rejected as it was not pressed. The Tribunal also ruled in favor of the assessee on the issue of additions to book profit under section 115JA for provisions for bad and doubtful debts and diminution in value of investment. The appeals were partly allowed for assessment year 1997-98 and fully allowed for the remaining years. Case-Laws Income Tax Fri, 08 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183964