https://www.taxtmi.com/caselaws?id=200021 The ITAT partly allowed the revenue's appeal for statistical purposes and remanded the issue of the change in the method of accounting back to the CIT(A) for fresh consideration. The ITAT upheld the CIT(A)'s decisions on the other issues, confirming the deductions for interest on advances to subsidiaries and bad debts while allowing the capitalization of interest as part of the cost of acquisition of mutual funds. en-us Fri, 18 Feb 2011 00:00:00 +0530 Sat, 17 Mar 2018 15:22:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200021 The ITAT partly allowed the revenue's appeal for statistical purposes and remanded the issue of the change in the method of accounting back to the CIT(A) for fresh consideration. The ITAT upheld the CIT(A)'s decisions on the other issues, confirming the deductions for interest on advances to subsidiaries and bad debts while allowing the capitalization of interest as part of the cost of acquisition of mutual funds. Case-Laws Income Tax Fri, 18 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200021