https://www.taxtmi.com/caselaws?id=351431 The Tribunal dismissed the Revenue's appeal, upholding the deletion of the addition of interest on bonds. The assessee's appeal was partly allowed on various issues including disallowance of short-term capital loss, unexplained investment in NTPC bonds, unexplained investments in shares, car rental expenses, expenses related to exempt income, and audit fee. The disallowance of depreciation was dismissed, and interest levy was remanded for recomputation. en-us Fri, 17 Nov 2017 00:00:00 +0530 Wed, 29 Nov 2017 16:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351431 The Tribunal dismissed the Revenue's appeal, upholding the deletion of the addition of interest on bonds. The assessee's appeal was partly allowed on various issues including disallowance of short-term capital loss, unexplained investment in NTPC bonds, unexplained investments in shares, car rental expenses, expenses related to exempt income, and audit fee. The disallowance of depreciation was dismissed, and interest levy was remanded for recomputation. Case-Laws Income Tax Fri, 17 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351431