https://www.taxtmi.com/caselaws?id=284537 The High Court dismissed the appeal challenging various decisions of the Tribunal regarding adjustments on interest-free loans to Associated Enterprises, Corporate Guarantee, write-off of investment in a subsidiary, write-off for computing "book profit," disallowance of provision for doubtful loans, and disallowance of bad debts provision in MAT. The appellant contested the Tribunal's decisions as incorrect in law and lacking justification, citing evidence, legislative amendments, and commercial rationale. However, the High Court found no substantial question of law in the Tribunal's decisions and upheld their rulings. en-us Mon, 20 Nov 2017 00:00:00 +0530 Mon, 15 May 2023 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284537 The High Court dismissed the appeal challenging various decisions of the Tribunal regarding adjustments on interest-free loans to Associated Enterprises, Corporate Guarantee, write-off of investment in a subsidiary, write-off for computing "book profit," disallowance of provision for doubtful loans, and disallowance of bad debts provision in MAT. The appellant contested the Tribunal's decisions as incorrect in law and lacking justification, citing evidence, legislative amendments, and commercial rationale. However, the High Court found no substantial question of law in the Tribunal's decisions and upheld their rulings. Case-Laws Income Tax Mon, 20 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284537