https://www.taxtmi.com/caselaws?id=277508 The Tribunal partly allowed the assessee's appeals, upholding the CIT(A)'s decisions on bad debts and interest on loans to associate concerns while providing partial relief on general expenses. The issues of penalty proceedings and interest charges were not adjudicated, and the matter of unabsorbed business losses was remanded for fresh examination. The order was pronounced in the open court on 27-11-2017. en-us Mon, 27 Nov 2017 00:00:00 +0530 Thu, 06 Dec 2018 05:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277508 The Tribunal partly allowed the assessee's appeals, upholding the CIT(A)'s decisions on bad debts and interest on loans to associate concerns while providing partial relief on general expenses. The issues of penalty proceedings and interest charges were not adjudicated, and the matter of unabsorbed business losses was remanded for fresh examination. The order was pronounced in the open court on 27-11-2017. Case-Laws Income Tax Mon, 27 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277508