https://www.taxtmi.com/caselaws?id=273973 The High Court upheld the ITAT's decision to remand the matter back to the Assessing Officer for Assessment Year 1994-95. The ITAT admitted additional grounds based on a Supreme Court judgment and allowed the set off of capital expenditure against interest income. The Tribunal dismissed certain grounds raised by the appellant, directing both parties to present their contentions before the Assessing Officer for a decision in accordance with prevailing laws and previous decisions. en-us Thu, 09 Jun 2016 00:00:00 +0530 Sun, 22 Jul 2018 16:05:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273973 The High Court upheld the ITAT's decision to remand the matter back to the Assessing Officer for Assessment Year 1994-95. The ITAT admitted additional grounds based on a Supreme Court judgment and allowed the set off of capital expenditure against interest income. The Tribunal dismissed certain grounds raised by the appellant, directing both parties to present their contentions before the Assessing Officer for a decision in accordance with prevailing laws and previous decisions. Case-Laws Income Tax Thu, 09 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273973