https://www.taxtmi.com/caselaws?id=200835 The appeal challenged the disallowance of share issue expenses under section 35D of the I.T. Act. The ITAT directed the Assessing Officer to bifurcate the expenses and verify certain payments. The appeal also contested the reopening of assessment proceedings and various disallowances for the following year, discussing depreciation, interest income set off, and deductions. The ITAT instructed the AO to verify facts and allow claims based on previous judgments. Disallowance of deduction u/s.80IA on 'other income' was also raised, with certain items dismissed for lack of details. The ITAT directed the AO to verify the nexus of interest income and allowed deductions on certain items. The appeal for statistical purposes was allowed based on the discussions and directions provided. en-us Fri, 21 Oct 2011 00:00:00 +0530 Tue, 18 Apr 2023 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200835 The appeal challenged the disallowance of share issue expenses under section 35D of the I.T. Act. The ITAT directed the Assessing Officer to bifurcate the expenses and verify certain payments. The appeal also contested the reopening of assessment proceedings and various disallowances for the following year, discussing depreciation, interest income set off, and deductions. The ITAT instructed the AO to verify facts and allow claims based on previous judgments. Disallowance of deduction u/s.80IA on 'other income' was also raised, with certain items dismissed for lack of details. The ITAT directed the AO to verify the nexus of interest income and allowed deductions on certain items. The appeal for statistical purposes was allowed based on the discussions and directions provided. Case-Laws Income Tax Fri, 21 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200835