https://www.taxtmi.com/caselaws?id=185913 The assessee's appeal was partly allowed, with the Tribunal dismissing certain grounds related to deduction claims under section 80HHC due to a Supreme Court precedent. However, the Tribunal ruled in favor of the assessee regarding the valuation of closing stock of sugar and the applicability of interest charges under sections 234B and 234D. Disallowances under section 14A for administrative expenses were partly upheld, while interest disallowances were deleted. The revenue's appeal challenging these decisions was dismissed by the Tribunal, affirming the CIT(A)'s rulings. The order was pronounced on 05.12.2008. en-us Fri, 05 Dec 2008 00:00:00 +0530 Fri, 02 Sep 2016 12:44:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185913 The assessee's appeal was partly allowed, with the Tribunal dismissing certain grounds related to deduction claims under section 80HHC due to a Supreme Court precedent. However, the Tribunal ruled in favor of the assessee regarding the valuation of closing stock of sugar and the applicability of interest charges under sections 234B and 234D. Disallowances under section 14A for administrative expenses were partly upheld, while interest disallowances were deleted. The revenue's appeal challenging these decisions was dismissed by the Tribunal, affirming the CIT(A)'s rulings. The order was pronounced on 05.12.2008. Case-Laws Income Tax Fri, 05 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185913