https://www.taxtmi.com/caselaws?id=184034 The appeal was partly allowed. The Tribunal upheld the DC(A)'s decision to reject the full deduction of Rs. 32,000 for expenses incurred to earn interest income, allowing only Rs. 3,000. However, the Tribunal admitted the additional grounds regarding the rebate on agricultural income and directed that a rebate of Rs. 19,116 be granted, thereby reducing the tax demand. en-us Sat, 08 Aug 1998 00:00:00 +0530 Tue, 28 Jun 2016 14:13:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184034 The appeal was partly allowed. The Tribunal upheld the DC(A)'s decision to reject the full deduction of Rs. 32,000 for expenses incurred to earn interest income, allowing only Rs. 3,000. However, the Tribunal admitted the additional grounds regarding the rebate on agricultural income and directed that a rebate of Rs. 19,116 be granted, thereby reducing the tax demand. Case-Laws Income Tax Sat, 08 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184034