https://www.taxtmi.com/caselaws?id=343619 The Tribunal dismissed the assessee's claims for brokerage, electricity, legal and professional expenses, and bank charges, citing the specific and exhaustive nature of allowable deductions under sections 23 and 24 of the Income Tax Act. However, the Tribunal allowed the appeal concerning the incorrect computation of interest income, directing the AO to verify and correct the figures based on the TDS certificates. The appeal was thus partly allowed. en-us Wed, 19 Apr 2017 00:00:00 +0530 Mon, 29 May 2017 08:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343619 The Tribunal dismissed the assessee's claims for brokerage, electricity, legal and professional expenses, and bank charges, citing the specific and exhaustive nature of allowable deductions under sections 23 and 24 of the Income Tax Act. However, the Tribunal allowed the appeal concerning the incorrect computation of interest income, directing the AO to verify and correct the figures based on the TDS certificates. The appeal was thus partly allowed. Case-Laws Income Tax Wed, 19 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343619