https://www.taxtmi.com/caselaws?id=329540 The High Court upheld the Tribunal's decision to remit the issues of business closure and disallowance of expenses back to the AO for fresh adjudication. Additionally, the High Court reversed the decision regarding the treatment of interest income, allowing the Assessee's appeal against the disallowance of set off of carry forward business loss. en-us Fri, 01 Jul 2016 00:00:00 +0530 Tue, 05 Jul 2016 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329540 The High Court upheld the Tribunal's decision to remit the issues of business closure and disallowance of expenses back to the AO for fresh adjudication. Additionally, the High Court reversed the decision regarding the treatment of interest income, allowing the Assessee's appeal against the disallowance of set off of carry forward business loss. Case-Laws Income Tax Fri, 01 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329540