https://www.taxtmi.com/caselaws?id=187533 The ITAT partly allowed the appeal, ruling in favor of the assessee on the issues of bad debts and treatment of short-term capital loss on shares. The ITAT remanded the computation of book profits for fresh assessment and directed a reevaluation of the interest charged, while dismissing the action under section 271(1)(c) as the ground was not pressed during the appeal. en-us Thu, 19 Aug 2004 00:00:00 +0530 Tue, 25 Oct 2016 18:19:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187533 The ITAT partly allowed the appeal, ruling in favor of the assessee on the issues of bad debts and treatment of short-term capital loss on shares. The ITAT remanded the computation of book profits for fresh assessment and directed a reevaluation of the interest charged, while dismissing the action under section 271(1)(c) as the ground was not pressed during the appeal. Case-Laws Income Tax Thu, 19 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187533