https://www.taxtmi.com/caselaws?id=376342 The High Court remanded the matter back to the Tribunal for reconsideration of the Assessee's claim regarding the netting of interest income under Section 80HHC of the Income Tax Act, 1961. The Court found that the Tribunal failed to address this crucial aspect in its previous order, directing the Tribunal to reconsider the appeals afresh within six months, focusing specifically on the issue of net interest income in accordance with the law. The Tax Case Appeals of the Assessee were allowed, and the parties were instructed to appear before the Tribunal on a specified date for further proceedings. en-us Wed, 13 Feb 2019 00:00:00 +0530 Thu, 07 Mar 2019 07:47:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376342 The High Court remanded the matter back to the Tribunal for reconsideration of the Assessee's claim regarding the netting of interest income under Section 80HHC of the Income Tax Act, 1961. The Court found that the Tribunal failed to address this crucial aspect in its previous order, directing the Tribunal to reconsider the appeals afresh within six months, focusing specifically on the issue of net interest income in accordance with the law. The Tax Case Appeals of the Assessee were allowed, and the parties were instructed to appear before the Tribunal on a specified date for further proceedings. Case-Laws Income Tax Wed, 13 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376342