https://www.taxtmi.com/caselaws?id=190122 The Tribunal partly upheld the appellant's grievance challenging the disallowance of deduction under section 80HHC in respect of interest income for AY 1991-92. Relying on a High Court decision, the Tribunal directed the Assessing Officer to grant relief by excluding only the net amount of interest from corporate deposits. The Tribunal remitted the matter for necessary adjustments, resulting in the appeal being partly allowed in favor of the appellant. The decision was pronounced on 29th January 2016. en-us Fri, 29 Jan 2016 00:00:00 +0530 Mon, 06 Feb 2017 19:21:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190122 The Tribunal partly upheld the appellant's grievance challenging the disallowance of deduction under section 80HHC in respect of interest income for AY 1991-92. Relying on a High Court decision, the Tribunal directed the Assessing Officer to grant relief by excluding only the net amount of interest from corporate deposits. The Tribunal remitted the matter for necessary adjustments, resulting in the appeal being partly allowed in favor of the appellant. The decision was pronounced on 29th January 2016. Case-Laws Income Tax Fri, 29 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190122