https://www.taxtmi.com/caselaws?id=393088 The case involved issues regarding disallowance under Section 14A of the Income Tax Act, 1961, addition under Section 115JB, capital grant treatment, and interest income classification. The court upheld remanding for fresh consideration of disallowance under Section 14A, dismissed addition under Section 115JB, deleted the capital grant addition, and confirmed interest income as business income. The appeal was admitted only for the Section 14A issue, with other issues dismissed based on precedents. The case is to be heard with Tax Appeal No.548 of 2017. en-us Mon, 17 Feb 2020 00:00:00 +0530 Thu, 05 Mar 2020 15:21:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393088 The case involved issues regarding disallowance under Section 14A of the Income Tax Act, 1961, addition under Section 115JB, capital grant treatment, and interest income classification. The court upheld remanding for fresh consideration of disallowance under Section 14A, dismissed addition under Section 115JB, deleted the capital grant addition, and confirmed interest income as business income. The appeal was admitted only for the Section 14A issue, with other issues dismissed based on precedents. The case is to be heard with Tax Appeal No.548 of 2017. Case-Laws Income Tax Mon, 17 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393088