https://www.taxtmi.com/caselaws?id=366070 The Tribunal partly allowed the revenue's appeal, disallowing the set off of brought forward losses under Section 79 due to a change in shareholding exceeding 51%. The Tribunal upheld the deletion of interest income assessment as income from other sources, ruling that it should be netted off against interest expenditure and capitalized under Capital Work in Progress. The court order was pronounced on 6.6.2018. en-us Wed, 06 Jun 2018 00:00:00 +0530 Wed, 29 Aug 2018 06:41:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366070 The Tribunal partly allowed the revenue's appeal, disallowing the set off of brought forward losses under Section 79 due to a change in shareholding exceeding 51%. The Tribunal upheld the deletion of interest income assessment as income from other sources, ruling that it should be netted off against interest expenditure and capitalized under Capital Work in Progress. The court order was pronounced on 6.6.2018. Case-Laws Income Tax Wed, 06 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366070