https://www.taxtmi.com/caselaws?id=285033 The Tribunal ruled in favor of the assessee regarding the addition towards deferred income, disallowance of provision for doubtful debts, and disallowance of management expenses. The issue of addition towards reversal of income was sent back to the Assessing Officer for further examination. Disallowance under section 14A was dismissed for one assessment year and remanded for another. The determination of losses to be carried forward was also set aside for reassessment. The appeals were partly allowed, and the order was pronounced in Chennai on August 30, 2012. en-us Thu, 30 Aug 2012 00:00:00 +0530 Mon, 23 Dec 2019 10:14:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285033 The Tribunal ruled in favor of the assessee regarding the addition towards deferred income, disallowance of provision for doubtful debts, and disallowance of management expenses. The issue of addition towards reversal of income was sent back to the Assessing Officer for further examination. Disallowance under section 14A was dismissed for one assessment year and remanded for another. The determination of losses to be carried forward was also set aside for reassessment. The appeals were partly allowed, and the order was pronounced in Chennai on August 30, 2012. Case-Laws Income Tax Thu, 30 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285033