https://www.taxtmi.com/caselaws?id=344275 The Tribunal partially allowed the appeal, directing the AO to delete the disallowance of interest of Rs. 17,52,000 as the dividend income was taxable. The issue of disallowance of insurance claim of Rs. 1,62,300 was remitted for further verification to ensure no discrepancies. The disallowance of gratuity of Rs. 21,75,031 under section 43B was remitted to the AO for assessment of the claim's accrual. The judgment stressed the importance of accurately assessing tax liability and complying with legal provisions in income computation. en-us Fri, 09 Jun 2017 00:00:00 +0530 Wed, 14 Jun 2017 08:11:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344275 The Tribunal partially allowed the appeal, directing the AO to delete the disallowance of interest of Rs. 17,52,000 as the dividend income was taxable. The issue of disallowance of insurance claim of Rs. 1,62,300 was remitted for further verification to ensure no discrepancies. The disallowance of gratuity of Rs. 21,75,031 under section 43B was remitted to the AO for assessment of the claim's accrual. The judgment stressed the importance of accurately assessing tax liability and complying with legal provisions in income computation. Case-Laws Income Tax Fri, 09 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344275